news

Canberra set for baby boomers

By webmaster

New projects will ensure that Canberra is an attractive spot for the 20 per cent of the population set to retire in the next two decades.

The government has recently announced spending of $1.39 million to upgrade bus stops to improve access for the elderly, while a private $65 million residential development for seniors is in the pipeline.

These factors should be considered by investors looking for future growth, according to Housing Industry Association chief economist Harley Dale.

“If part of your homework doesn’t incorporate consideration of the potential implications of an ageing population for the area you might be considering investing in, then your homework is not complete,” Mr Dale said.

ACT’s Isaacs and Yarralumla had the highest median ages, at 47.3 and 45.8 years respectively.

Canberra set for baby boomers
SPI logo
Thank you.

Your enquiry has been sent to a local Aussie Mortgage Broker.

We will be in contact with you shortly.
Opps.

error occurred.
Unfortunately Aussie cannot attend to your home loan related enquiry at this stage as you must be a citizen or permanent resident.
Do you need help finding the right loan for your investment?
What Aussie do for you:
  • Give expert mortgage advice to help you find great investment loan deals
  • Help you maximise return by lowering financing costs
  • Save you time and effort by helping with the paperwork
First name
Last name
Location
Mobile Number
Are you an Australian Resident?
promoted stories

Top Suburbs

Highest annual price growth - click a suburb below to view full profile data:
1.
BLUE BAY 49.18%
2.
PAMBULA 43.5%
3.
BERKELEY VALE 42.74%
4.
POINT PIPER 40.52%
5.
NORTH TURRAMURRA 38.12%