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yeh i rekon it might help values in weston creek a bit too. i got friends in old Bruce who are waiting for a similar scenario to play out. once lawson is developed a bit and has a few on the market, will make Bruce seem cheap. given the price of the land lawson is going to be a very pricey...

and wright/cooms is only stage 1! more land coming online than you an poke a stick at http://www.lda.act.gov.au/uploads/ckfinder/files/pdf/2_Residential/Molonglo_Valley/About_Molonglo_Valley/Master_plan/Molonglo_Valley_Poster.pdf

Wright/coombs is not somewhere i would consider...looked out there about a year ago (not to buy but out of curiosity). semi high res? (4 or 5 stories with 1/2/3 beddy apartments) zoning seems a bit generous/too crammed for my liking..i realise thats probably standard these days but with so much...

no doubt...much better off popping over the border into NSW (at least if you havent already got 400k or whatever the threshold is worth of land). My land value (auv) went down 3% this FY...but my land tax bill was up over 11%...ridiculous...compound that rate for a few years and it will be...

yeh ive never seen so many for rent on all homes...doesn't look as many now, but when i was looking the other week, so many had the 'new price' text. apartments are still coming online from pre sales before the glut...hopefully they stop building them (i.e the development next to Jamison plaza...

ive got PPOR and an investment. the investment is an ex govvy in belco....what i hate is the rates / land tax. 4k a year when rent is 20k ish....i know you may say thats small relative to potential cap gains..but still...dont think i would buy another in ACT again for that reason..(plenty of...