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Property values in pricey Canberra suburbs fell by 5% amid the 2017 announcement of new public housing, new research has shown.
The proportion of Aussie households renting their dwelling increased to 32%, as homeownership in the country fell to 66% in 2018, according to a new analysis from the Australian Bureau of Statistics (ABS).
The housing markets in Australia’s capital cities do not benefit from the booming population because internal migration favours satellite cities, according to research from Propertyology.