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what we all know. According to this report, Canberra HAS pipped Sydney in median terms. As usual we deon't get much media coverage despite being the capital of oz.... http://www.smartcompany.com.au/property/20100331-house-prices-jump-1-4-in-february-up-12-7-over-last-12-months.html

Agree that it's certainly a problem for many upgraders. I have friends who bought into Ainslie etc 5 years back, and even if they sold after making a decent capital gain, 800k doesn't really get you very much value anymore. So they're staying put and gentrifying their houses instead, upgrading...

GGG1965- i know people that are paying these ridiculous prices for houses that you would expect to see in the poorest suburbs of Liverpool. When I moved to Canberra many many moons ago I wouldn't even rent these places. They remind me of houses around Sadlier, Miller, Green Valley...but...

Interesting Craig. Having been a renter for 20 years (but not for longer..!!) there has always, ALWAYS been a rental vacancy problem in Canberra. ie demand has ALWAYS exceeded supply. There will always be a rental market (students, public service graduates, gen x-ers who insist on renting in the...

Hi Craig, You-re right. I've been looking for last 12 months for my first ppor, and have noticed that since mid-jan this year: * for sale signs have been replaced with for lease signs * not much stock on r/e windows, if they are then they've been sold ages ago and are after content (ie...