Canberra Investment Apartments: Sydney Investors' New Target

Sydney investors have rarely had to look beyond their own city for product. But compressed yields and high entry prices are pushing a segment of the market to consider Canberra, and specifically the new wave of amenity-led apartments arriving in the ACT.

The value equation

The arithmetic is the draw. A development such as The Lawson beside Lake Ginninderra offers two-bedroom apartments from under $500,000 and three-bedroom homes from the $650,000s, with a wellness floor, Club Lawson, that would sit comfortably in a premium Sydney tower priced hundreds of thousands higher. Against an ACT rental market running below 1.5 per cent vacancy in established precincts, the rental fundamentals are unusually firm.

Why wellness amenity matters to investors

For an investor, amenity is not indulgence, it is tenant demand and resale defensibility. A building with a pool, infrared sauna, gym and co-working space attracts and retains the professional tenants who pay a premium and stay longer. Club Lawson is precisely the kind of feature that differentiates a property in a leasing market.

Sales and interstate enquiries for The Lawson are handled by Apartment Collective, the ACT specialist agency.

This article is general information only and is not personal financial or investment advice. Consider your own circumstances and seek licensed professional advice before making financial decisions.