According to statistics released by the Australian Bureau of Statistics and published by the Real Estate Institute of Australia, 937 estate agents do business in the Australian Capital Territory, comprising 534 real estate establishments.
The Australian capital, Canberra, is located in the Australian Capital Territory, and while the percentage of its population in terms of the country’s population is relatively small in comparison to other cities, a smaller real estate pool makes a qualified and experienced real estate agent indispensable.
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Welcome to the Bush Capital
Often affectionately referred to as the Bush Capital, Canberra is the only Australian territory or state capital that is not located on or near the coast, and is the country’s largest inland city.
Canberra was purposely chosen as the capital city of Australia after deliberation about a location in New South Wales for the capital that would not be closer than 100 miles to Sydney.
It ranks at number 3 on Lonely Planet’s Best in Travel list for 2018, and has a myriad of architectural and historical points of interest, as well as many annual festivals and culinary attractions.
“I have planned a city not like any other city in the world. I have planned it not in a way that I expected any governmental authorities in the world would accept. I have planned an ideal city, a city that meets my ideal of the city of the future.”
– Walter Burley Griffin, talking of his plan for Canberra, 1912 (from The New York Times, Sunday, June 2, 1912)
Facts about Canberra
- Canberra’s name is thought to derive from the Aboriginal word “Kamberra”, which means “meeting place”. This is quite apt, seeing as Canberra huddles between two mountains: Black Mountain and Mount Ainslie.
- Canberra has a population of around 390,000, making up about 1.64% of Australia’s population.
- Canberra is a planned city and the inner city area was designed by Walter Burley Griffin, a significant 20th century American architect
- For more than 100 years, Canberra has been the home of Australia’s judicial, executive and legislative arms of government.