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The Canberra Times
The Canberra Times
Brittney Levinson

Why foreign home buyers are spending their money in Canberra

Canberra was hot property for foreign buyers in the 2022-23 financial year, with new figures showing overseas purchasers spent $218 million on ACT real estate.

It was a significant increase on the year prior, when foreign buyers spent $130 million in the ACT.

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