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After a short break over the Easter holidays and ACT election period, the Luton Update podcast is back with a fresh pulse on the Canberra property market. In Episode 12, host Nick Paine sits down with Craig Sheargold, Head of Sales at Luton Properties, to unpack everything happening across “Luton Land” and what buyers, sellers and investors should watch over the coming weeks.

Back in Business: Market Picks Up Post-Holidays

Following a quiet patch due to public holidays and political uncertainty, Canberra’s real estate market is regaining traction. May is shaping up to be a five-Saturday month, and with that comes a surge in scheduled auctions.

“We’ve got 50 auctions scheduled for May. Already, 10 have sold under the hammer and another two are under negotiation,” Craig says.

This kind of early momentum sets the tone for a strong finish to the autumn selling season.

Listings Remain Consistent — Stock Levels High

Despite seasonal disruptions, listings have remained steady. Luton has listed 24 new properties already this month, with more expected imminently.

“Many sellers used the long weekends to prepare their homes for sale,” explains Craig.

In total, Luton is holding around 140 active listings, offering a healthy spread of choice for buyers — especially as interest and competition return to pre-holiday levels.

Star Performers: Agent Highlights

Special mention goes to Julia Atkinson from the Weston Creek office. With four new listings already secured and more on the horizon, she’s proving to be one of the network’s rising stars.

“That office keeps producing incredible agents,” says Nick. “It’s fantastic to see our younger agents making such an impact.”

Giving Back: Our Biggest Charity Golf Day Yet

On 2 May, Luton hosted its third annual Charity Golf Day — the biggest one yet — raising valuable funds for Barnardo’s Australia and the RSPCA.

“It was a huge day, and the puppies at the end were a real highlight,” says Craig.

These events highlight Luton’s commitment to making a meaningful difference in the Canberra community.

Don’t Miss: Australia’s Biggest Morning Tea – 22 May

Luton is proud to be part of Australia’s Biggest Morning Tea, with a major event happening at the Manuka office on 22 May from 10am–12pm.

Where: Bougainville Street Lawns, Luton Manuka
What’s on: Free coffee (thanks to Zango!), sweet treats, and a chance to connect with our team and support a great cause.
All are welcome!

Market Outlook: Post-Election Confidence Returns

The recent ACT election brought some buyer hesitation, particularly among public sector employees. With that uncertainty now resolved, buyer activity is climbing — especially in more affordable price brackets.

“Properties in the $700K–$800K range are getting multiple offers,” Craig reveals. “We had one property receive three identical offers over the weekend.”

Add to that the possibility of a rate cut at the next RBA meeting, and things could be poised to accelerate again.

Investors Gearing Up

Investor activity is also ramping up. Pre-approvals are reportedly hitting near-record highs, suggesting investor confidence is building — and fast.

“We’re seeing positive signs across both sales and rentals,” Nick notes. “This could be a really strong winter for landlords and sellers alike.”

Listen Now – Stay Ahead

Episode 12 of the Luton Update podcast is available now on YouTube and all major platforms. Whether you’re a buyer, seller, investor or just love staying on top of Canberra’s real estate scene, it’s a must-listen.

Key Takeaways:

  • 50 auctions scheduled for May — strong clearance rate already

  • 140 active listings across the network

  • Affordable property segment heating up

  • Election certainty and RBA potential rate cut restoring buyer confidence

  • Community impact through charity events and partnerships

Thinking of Buying or Selling?

Now is a great time to make your move. Whether you’re upsizing, investing, or just exploring your options, the Luton team is here to help.

Contact Us to book your appraisal or speak to a local agent today.
Proudly serving Canberra’s inner suburbs, outer regions and everything in between.

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