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ah yes, but its a fully planned city, all the easements etc have already been built in. Yes, your house can be resumed but every state in Australia and the Commonwealth can resume your land under just terms. Canberra is exactly the same. Did you know that when we buy an IP here, we get the...

Rocket, where did you get that idea??? lease renewal is now "as of right" and is, for all intents and purposes, identical to freehold. Leases are for 99 years and I wont be around for my next lease renewal in 2073 :) Anyway, the whole leasehold thing was so the govt can keep better control...

Now we just have to hope that the stupid "core and suburban" rule is eventually repealed and you are allowed to build dual occ or townhouses anywhere providing your block is at least 800 sqm (the old rule before Variation 200 of the Territory Plan). For non-Canberrans reading this, this rule...

Just so you know, the rent on my IP in Melbourne is at least $100 less per week than i would get if the house was located here is Canberra (just about any suburb), The rents here are quite high and demand is high and supply fairly low. People hear the word "Canberra" on the news and...