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Shame there isn't any other way to lock in the gains - anyone want to write a put option for me to buy? Strike price 10% below current bank valuation, one or two years to expiry? If I get a reasonable offer before the election I'll be grabbing it. Although the "uncertainty" is a problem at...

My best guess is that the surge of new apartment stock will do the opposite of what the bushfires did... Does anyone have any figures on how many units are going to be coming onto the market over the next few years?

We've just put our place on the market in Canberra actually. We've been particularly lucky with our "time in the market" and are looking to lock in the capital gains. A lot of discussion in this thread about rentals in Canberra: http://somersoft.com/forums/showthread.php?t=89833