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Are you just sad you've never come across one? haha! :D

Yes, only people who don't have tongs for impromptu BBQs will buy in Jerra with Googong so close

Yup... IIRC Stamp Duty on a $600k place in ACT is around $24k

Damn, I wish. If you wanted a 'cheaper' area with a decent amount of land content and good opportunity then I always like to look in Narrabundah. I just can't help but think of the convenience to bike paths (which I used a lot in Canberra), decent block size, proximity to Kingston etc. and still...

I think it depends very much on where you buy... in a downturn, people will still want to live in the inner city for the amenities and convenience to work, while the outer suburbs *may* (note, I'm not dissing people who may have other strategies) struggle. So I think it's important to understand...

I would personally diversify... this might prevent any problems with serviceability for future loans. I also suspect that governments will start to look at outsourcing functions to regional towns to provide employment where manufacturing/alternatives are limited. One easy example I can think of...