How an agent aids in buying and selling property
In Canberra the owner may sell to avoid excess costs or pursue profit. Use a Real Estate Institute member and possibly a valuer, ensure all agents quote the same gross price, and inspect with a partner. Limit to one agent for clarity, keep notes, and negotiate price with expert advice if needed. Check with the National Capital Development Commission for land adjacent to new suburbs.
MENTIONED IN THIS ARTICLE
Dr. Carlin
Realisite Institute
Canberra
Real Estate Institute
Canberra Times
National Capital Development Commission
Real Estate Institute of Nsw Southern Districts
Jean Senger
Leasehold lore of Canberra and the national capital
The article explains Canberra’s leasehold land system, its origins in pre federation times, and King OMalley’s 1901 push for a large federal territory to spur a land boom. It notes the public belief you cannot own land in Canberra and the government ownership underpinning the system.
MENTIONED IN THIS ARTICLE
Canberra
Tasmania
Home Affairs
King O'Malley
Expenditure and land leases shape Canberra growth in early years
The discussion centers on unearned inncrement from public spending and the inalienable right to land in fee simple. It traces Canberra’s leasehold system, the 1921 City Area Leases Ordinance offering 96-year leases at 5 percent for two decades, later extended to 99 years in 1924 with land auctions. The first Canberra land auction occurred in December, marking a shift from earlier practices.
MENTIONED IN THIS ARTICLE
Canberra
Nlice
Evolution of ACT leasehold system and premiums
The ACT leasehold system evolved from rent value bids to premiums as a brake on speculation. Auctions began in 1951, with premiums detached from unimproved values. By 1968 three main lease categories existed: residential, business, and special sites, with restricted auctions for some blocks and rules limiting transfer and residency. Leaseholders enjoy rates, financing, and negotiability similar to freehold, as redevelopment looms and older leases near expiration.
MENTIONED IN THIS ARTICLE
Miums
ACT
Also Mentioned on This Page
W. Terry
A.r.ej
Ee Phillins
the Real Estate Institute
Woden Valles
L. M. Irvine
The
Real Estate Institute of Nsw
Southern Districts
Granch
Lyneham, Tacheci
B.M.I
City
N.S.W
Jim Fitzhardinge
Modern Cinema
J. Fitzhardinge
A.R.E.I
Real Estate and Stock Institute of Australia
Cinema Center
Bunda Street
Property Management
the Real Estate Institute of
Im —. Bougains, la Lamitn Wee SS Blass OF Property
Bette Albrecht
Thetis
Manuka
Canberra Theatre Centre
Albert Hall
Sellers
Real Estate Institute of New South Wales
Minister For the Interior
Boy Scouts
Restaurateurs
Consult
Ian McKillop
Alinga Street
Canberra City
City Post Office
Member Real Estate Institute of
New South Wales
Ine
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