Canberra Building Shortage - Land
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What is the main topic discussed in this episode?
It's The Real Estate Podcast across every state, city and town of Australia.
And welcome to another episode of The Real Estate Podcast, available on iHeartRadio and also Spotify and Apple Podcasts or wherever you get your podcasts from. Well, another weekend has arrived. Yes, plenty of real estate around the country on offer for your Saturday morning. Good luck if you are transacting or attending an open home, an auction. Perhaps you're taking the wife or the husband to show them your dream home. Whatever you are doing on this ninth day of July for 2022, have a good one around Australia. Coming up in just a moment, in fact, we're going to be talking about Canberra and the available land that is available in the ACT or rather the shortage of it. Also, it is the final day for you to enter the Hunter Valley Drawer.
And I'm going to give you once again the seven secret words. Write them down so that you can put yourself into the draw.
It's the main centre forecast with propertybuyer.com.au.
All right, let's go around the country and have a look at your weather today. And first we go to Sydney where it should be a mainly dry morning, but it is going to change to one or two showers later today. Your high of 17 degrees. Melbourne, more rain in the forecast. What else is new? 13 is your forecast high. Brisbane is the place to be. It's fine with sunshine a high of 19 degrees. And in Perth, also expecting some showers for your Saturday and a high of 20 degrees. Well, if you are celebrating your birthday for July the 9th, You're in pretty good company. Tom Hanks is turning 66 years young. Having a look in the history books on this day, Boris Becker stunned the tennis world by becoming the youngest player to win Wimbledon at just 17.
And then decades later, unfortunately, Boris in 2022 finds himself in prison.
It's your weekend real estate breakfast, a cereal-sized podcast about what's happening in your local backyard, every Saturday morning on The Real Estate Podcast.
Let's invite back Katie Lee.
How is Canberra’s population growth creating a land supply problem?
She's from the Hunter Valley Wine and Tourism Association. Good morning, Katie. Great to have you back.
Oh, good morning, Craig. Thanks for having me again. Look, I am honored to be here talking about this beautiful destination and this amazing prize that one lucky winner is going to receive and their partner or their best friend or whoever they take with them.
Yes, the romance is going to be on steroids if you are fortunate enough to win this. A reminder, of course, the applications for you to enter close at midnight tonight. So you've got all of today to get your entry form in. OK, Katie Lee, let's just step through some of the pieces to this fantastic prize to the Hunter Valley.
Yeah, absolutely. So we've got two nights accommodation at Mercure Resort Hunter Valley Gardens with breakfast included, a deluxe tasting experience with Deulius Wines, a go-kart experience with Go Karts Go Hunter Valley and a helicopter flight with Aerologistics Hunter Valley. So if you're the lucky winner and you want to bring your partner along, because remember, this prize is for two.
What makes the ACT land release system unique compared to other states?
This is a fantastic prize for the romantic experience in the Hunter Valley.
And of course, there is also the balloon ride.
Why does government ownership of land (SLA) affect Canberra’s housing market?
There's a five course meal. There's a whole lot more. to this package that we haven't been able to talk about this morning because we've been talking about it for the last two weeks.
How high is demand for new blocks and what does the ballot system reveal?
And don't forget the seven secret words that you need. And I gave these to you yesterday. I'm just going to run through them again, give you all seven. And the first one is mercure. The second is aloft. We've also got helicopter, chocolate, fire. Five, red salt and awesome. Those are the seven secret words. All you need to do now is just email myrealestatepodcast at gmail.com and you are in the draw. Thank you, Katie Lee.
How has undersupply of land driven Canberra house and land prices?
Thanks so much for having me Craig.
The interstate movement of people across borders has seen some areas like Canberra really take off and now one of the questions being asked is can it be sustainable with a growing population like a Canberra?
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Chapters
8 chapters
1
What is the main topic discussed in this episode?
0:02–2:30
2
How is Canberra’s population growth creating a land supply problem?
2:30–3:40
3
What makes the ACT land release system unique compared to other states?
3:40–3:50
4
Why does government ownership of land (SLA) affect Canberra’s housing market?
3:50–4:00
5
How high is demand for new blocks and what does the ballot system reveal?
4:00–4:32
6
How has undersupply of land driven Canberra house and land prices?
4:32–6:05
7
How are housing shortages contributing to skilled labour shortages in the ACT?
6:05–8:18
8
Why are people and developments moving to nearby New South Wales instead of Canberra?
8:18–12:31
Speakers
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