Why Medical Should Be Your Next Investment

We recently touched on 3 trends to watch in Canberra’s commercial market, and one of these trends was the continued interest in assets suitable for health and medical use. Health and medical assets will likely continue to be a stable investment choice, and if you haven’t considered investing in this market, here is why you should:

The Sector That Never Sleeps

Healthcare spending amounts to nearly $10,000 per person per year, with over 90% of the population seeing a GP each year, and at least 50% seeing a specialist or dentist. These numbers reinforce the continuing need for healthcare in this country. As a result, health and medical assets offer a form of stability due to sustained demand from both clients for services and providers for sites.

We’re Living Longer

Australia’s population is ageing fast, emphasising the need for more health and medical facilities. Australia’s median age has risen from 33.4 years in 1984 to 38.3 years in 2024, with projections suggesting that this may rise to approximately 45 years over the next 40 years. As people live longer, the demand for healthcare will inevitably rise too.

Private Care in Public Demand

Canberra’s population is continuing to invest in private health insurance and access healthcare through private providers. This trend has led to a rise in the development of private hospitals and specialised medical facilities.

For example, Deakin Health Hub in Canberra’s Inner South has recently delivered around 1,000 square metres of consulting space for private healthcare specialists.

Health and medical assets are expected to remain highly sought after, particularly in suburban areas with limited existing supply. Investors with assets in these areas should strongly consider applying for a Crown Lease Variation to allow medical to be included in its purpose use.

Get in touch with our team to better understand your options or to explore our available stock.