Canberra Real Estate Agent & Canberra Property Market

Canberra’s real estate market is now growing exponentially, so it became the second most expensive city in Australia to buy or rent a home.

By the end of 2021, the median house price in Canberra is $1,074,187. Yet demand remains historically the highest with almost 80% of market clearance by the end of the year – Canberra real estate is booming.

The rise of the market is totally understandable. There are a few reasons why Canberra is booming:

• Canberra is a city of youth 20 to 39 years old, 75% of the population consists of childless couples.
• High standard of living: lowest unemployment rates, biggest donations to charity, higher incomes (60% households earn more than $78,000/year) and a stable economy.
• Rich in events, national museums and galleries, cultural life. It is a must to have lunch with a fantastic panoramic view from Telstra Tower and to learn more about Australian history at the National Museum. Theatres, movies, libraries, live music venues – all are here.
• A strong bond between government and business: all key federal institutions are in Canberra, with a lot of innovative initiatives and support for emerging entrepreneurs.
• Amazing public transportation and the fact that the city is small make Canberrans ultra-mobile – you can get everywhere you want in 30 min. Sydney is only 3 hrs drive from Canberra.
• The City has the largest green areas and numerous parks due to special urban planning where residential or industrial areas meet nature.
• Endless outdoor activities and sport: trekking, running, kayaking, cycling, mountain biking, sailing, rowing, water skiing or hot air ballooning, golf, skating, swimming pools, tennis courts – all open to the public.
• Canberra is one of the most educated cities in Australia, with Universities ranked among the Top-100 world’s best.
• Sustainability and ecological situations have been taken very seriously in the City for the last 20-30 years. Today, Canberra is the first Australian city with a 100% renewable energy supply. Moreover, 75% of all waste produced is recycled.

RK Property Partners are your local Canberra Real Estate Agents

To not miss out on a great deal, an investment opportunity or an ideal 7 figures offer for your house, it is now vital to be supported by a professional Canberra Real Estate Agent.

RK Property Partners are local experts with more than 50 years of experience in Canberra real estate and suburbs.

You can always visit our office in Canberra, yet the City is not only our workplace but home and community. Relationships with our customers are built on trust and proactive work.

RK Property Partners award-winning Owner manager Royce and sales specialist David, whose ​​property sales exceed $400 million, have lived in Canberra for a long time. Combined, they have almost 50 years of experience specifically in the Canberra Real Estate market. Our team also contributes to the local community by sponsoring a cricket team and doing charity work.

Sell My Home in Canberra

Canberra market stock is currently scarce while demand keeps rising, and this situation is very profitable for selling your house in Canberra for the best market price possible. The deals led by Canberra real estate agents are closing very quickly, in terms of days, and many sellers witness a surreal amount of bids and visits.

In 2021 the median house price in Canberra today is $1,074,187, with 32.4 per cent growth compared to last year. Property is extremely valuable and buyers are getting more loans, which keeps the market high. RK Property Experts do not see any upcoming decline and have outstanding results in the last quarter.

Selling your home is a challenging project and there are a lot of paperwork, property and legal nuances a seller should keep in mind. You can achieve a better deal if you know how to prepare your house for sale. To help you make the process stress-free, RK Property Partners created a free downloadable Seller’s Guide with all updated information based on our expertise in the area.

RK Property Partners are familiar with the Canberra property market and can help sell your home in Canberra providing a strong and transparent marketing strategy.

It is however better to get a free property appraisal and Canberra Real estate agent consultation before selling your home. This way our team will meticulously check all details about your property and you will have a very clear understanding of how much your home can be sold for.

Buy A House in Canberra 

Canberra property market breaks all records and the stock is emptied fast. Buying a first home in Canberra or looking for apartments for sale became a race: each property has a lot of bids on auctions and most of them are sold prior to the auctions.

Yet, RK Property Partners have strong connections and a deep understanding of the Canberra property market which help our clients find their first or second homes for sale in Canberra fast and for the best price.

To buy a house in Canberra City with the best loan interests and as fast as possible, you need to follow a step-by-step Buyers Guide or talk directly to Canberra’s expert team.

If you’re looking to buy a home, please check our exclusive listings sorted by suburbs.

Property Management in Canberra

RK Property management Canberra team specializes in the Canberra rental market as it is one of the biggest rental markets in Australia – almost 70% of City dwellers are renters. We offer all property management services, including maintenance, tenancy, personalized manager, marketing strategy, legal aspects and communication to maximize your investment property returns.

If you are looking for the right property manager, start with our comprehensive article or download our exclusive Landlord’s Guide.

If you’re looking for no-stress and no-hustle property investments and management, contact us.

9 Professional Tips to Choose the Right Real Estate Agent in Canberra

There are many real estate agents in the Canberra real estate market, but not all of them are reliable or can get you. It’s important to find a realtor you can trust and rely on for advice when it comes to buying or selling property.

In this article, RK Property Partners are going to share 9 tips that will help you narrow down your search for the right real estate agent in Canberra. You’ll also learn what factors should be considered before choosing an agent who is competent enough for your needs.

Tip # 01: Ask friends and family for referrals

One of the best ways to find a good real estate agent in Canberra is by asking friends or family members for referrals. If they’ve had a positive experience with an agent in the past, they’ll be more than happy to recommend them to you.

However, it’s important to keep in mind that the market varies from one suburb to another and real estate agents specialize in their own area and types of property they are working with, and a recommendation can’t be universal.

Tip # 02: Do you own research

The next step is to do your research. This means checking out real estate agents’ websites and reading online reviews. It’s also a good idea to browse online listings: what houses are for sale or rent in your area and how much they are worth?

When you’re doing your research, be sure to learn more about the area, newest developments or upcoming government initiatives. Find out what locals say on Homely or Facebook about the area or real estate agents you have shortlisted. Do not hesitate to ask the community if you can’t find any information. Alternatively, you ask a real estate agent to provide you with an in-depth suburb profile.

After your research, you will feel more comfortable meeting real estate agents as you have already gotten an idea of what to ask, some pros and cons of the area, and you can set realistic expectations. The more thoroughly you prepare, the better outcome you will be able to achieve teaming up with a professional agent.

Tip # 03: Check real estate agency “About Us” page

A reliable real estate agency in Canberra will always have a detailed About Us page on its website. Read it carefully to see how consistent their professional career is and what achievements they have to mention.

The overall experience is important too, the longer the real estate agent works, the better they know how the market works, and the more refined their knowledge and skills become.

RK Property Partners team members have excelled in their individual careers over more than 50 years combined. For example, our owner-manager Royce was regularly awarded for her customer service and property management results and managed to achieve the lowest vacancy rates in the whole Canberra region.

When real estate agents have something to share, they will do it – it is the proof of their hard work, outstanding results and it gives you, as their future customer, a boost of confidence. If a real estate agent has nothing to showcase except for general promises, look somewhere else!

Tip # 04: Check the sales record of your future real estate agent in Canberra

If you’re looking to sell a property and get an unparalleled offer, you should keep an eye on two things: first of all, check properties sold by this agent to see the results, and second, find out the agent’s sales record:

• How many properties have agents sold?
• How fast and what was the clearance rate if they managed several properties?
• Did they have any record sales in the past and how did they achieve such results?

Don’t be afraid of asking. A reliable and honest agent can easily reply, as they keep track of their results and amass sales.

Tip # 05: Choose a Local Real estate agent

It should be your rule of thumb: always look for an agent who has been in the business for a few years and has plenty of experience in your desired neighbourhood. Extensive local expertise is hard to gain, but this is what will guarantee success, as the absolute majority of Australians look to move to a new place within 40 km of their current location.

Every suburb in Canberra and the City itself have different demographics, property market statistics and property values. Each street has a reputation, each development or land has its own nuances. It is also important to be involved in community life and have firsthand experience of how living in Canberra is.

RK Property real estate agents have lived and worked in Canberra for decades, and we are happy to meet you at our offices in Belconnen and Canberra. We also care to give back. We help the local cricket team, participate in raising donations for charities and our sales specialist David has trained many real estate professionals to pass down his knowledge and principles.

For all future buyers and sellers, we designed free Sellers and Buyers Guides to guide you through the local real estate market and help you make an informed decision.

Tip # 06: Get a Free appraisal Real estate agent in Canberra

One of the best ways to evaluate a real estate agent is to get a free appraisal. A professional real estate agent will not just give you the highest price to keep you with him. You may not know a lot about the market, but an experienced real estate agent will. A good one can tell you how much your property is worth and identify any problems with it that might affect its saleability – like poor condition or low price point in relation to other properties on similar blocks in the suburb.

A good appraisal report consists of property value estimations based on the location, market research and the median sale prices with detailed explanations and suggestions on how we can get a better deal.

A thorough report will allow you to understand the market as well as your next steps in selling your property. It will also help you realize whether this real estate agent is a good match for your needs.

Tip # 07: Meet Preselected Real estate agents in Canberra

Interview several real estate agents in Canberra before making a decision. This will give you a chance to get to know them better and see who you feel most comfortable working with.

We do not recommend choosing an agent without any sold properties or case studies he can share. The best-case scenario is when the real estate agent understands your needs and can support the suggested strategy with his previous experience and successful sales record.

What questions should you ask?
Find out what is the work process for buying or selling the house. It should be a comprehensive and transparent step-by-step process. Each step should bring value for you and be easy to control or measure results. Comparative market analysis is a mandatory stage.

Ask about professional photography and videography. At RK Property Partners we create eye-catching photo and video content, as well as detailed floor plans for our clients. Market research shows that high-quality visual content can increase property value.

What are the core values of the team? Will they be loyal to you and act on your behalf within your best interest? For the RK Property Partners team, good rapport with our clients, clear communication, and determination are some of our core principles in work.

Try to understand what sales method a real estate agent implements and why it is the best option for your property. RK Property Partners have achieved success selling property prior to the auction or during the action, as well as during negotiation. We have access both to exclusive on and off-market deals.

Check closest open inspections to see a real estate agent in action and evaluate his presenting and negotiation skills.

Tip # 08:Commission Real estate agent in Canberra

Real estate agents will receive a commission working with you. It is best to collect all the fee ranges before deciding on what agency you go with. You should also not only know how much the commission will be but what are other extra costs and when they are due.

For example, you can list your property with RK Property Partners with no costs upfront, which can make your decision less stressful. Moreover, our team designed an attractive fee structure guaranteed to beat any other real estate agent in Canberra.

It’s tempting to go with the agent who charges less but remember: you get what you pay for. The perfect real estate experience isn’t just about price tags. Professionalism and commitment should also count into decisions concerning which professionals will serve your needs most effectively – even if these costs may seem excessive at first glance.

Tip # 09:Ask Your Real estate agent in Canberra about Marketing & Advertising strategy

Effective marketing and advertising are some of the key elements of success. A good real estate agent has tested and proven multi-channel marketing strategies over years of experience for each type of property. Sales specialists should also keep adapting their approach to the newest opportunities technology and social media offer: 11 million Australians scroll Facebook feed every day, and your property should appear at the right time at the right place.

RK Property Partners can create a promotion plan according to your property type, location and within your budget. However, we invest a lot of effort in preparing your property for selling, including recommendations on staging it, professional photography and videography, as well as detailed description relevant to the buyer’s needs.

A real estate agent should know the target audience demographic and desires, the best listing websites, cost-effective paid advertising mechanics and use social media to lead more visitors and competition for your property.

Now that we’ve discussed the top tips on how to find a reliable realtor in Canberra, it’s time for you to take the next step! Contact RK Property Partners to arrange a meeting or get a free appraisal for your property. It is important for us to gain your trust and give you a positive real estate experience.

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