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Enlighten us.

Yes, you are young (I am 53). You have your whole working life ahead of you. Now is the time to have the debt. A 7-figure debt? That's a lot!

Hi Rohan22no, I think if you're young and energetic, yours is the way to go. Good on you. I don't want to be so hands on, as I don't like dealing with tenants if things go awry. My place is in the Inner South, where I know properties have had to drop their rentals by hundreds. I'm...

Hi Jamie: yes, my property got snapped up immediately. And yes you're right: it will change again.

Rohan: You did well. I take it you didn't have a property manager. Is it a group house? If so, what kind of group is it? I have a six-bedroom house in Canberra and I have said no to groups living there. I would be interested to hear of your experiences with groups. I took a $350 drop (per...

http://the-riotact.com/gateway-apartments-go-to-court/28600 I do worry about a whole precinct that is built below water level. I would walk my dogs past Bridgepoint while it was being built. They had a pump extracting water from the site 24/7. There is another site I know of which runs a...

It might be -6 in Canberra but I don't need heating! Canberra has more sunshine in winter than any other Australian city. Even now, at 8.44 am, I have the sun streaming through all my north-facing windows. It will be too hot in here by noon. Autumn, with all the beautiful deciduous trees, is...

Redom: just make sure you research eg. http://the-riotact.com/foreshore-furore/8850 http://www.abc.net.au/news/2014-03-07/act-govt-slow-to-act-on-dodgy-building-mba/5304930 http://news.domain.com.au/domain/real-estate-news/unit-owners-want-better-standards-20120328-1vz20.html...

Which one is that? Bridgepoint?

Harro: imho, it is easily the most liveable city (apart from maybe Perth); great place to raise children; easy to get around (doesn't take more than 20 mins to get anywhere); lots of green space; lots of great cafes, restaurants etc; lots of things to do, eg National Gallery; great schools...

lol, no, not young--just young at heart. don't even know why I gave myself that moniker.;)

I agree--it's swings and roundabouts. You can expect an influx of gov workers when Labor gets into government. However, with the Libs in power, property prices drop and rental vacancies increase because of the public servants leaving town.

Francesco: I know what you mean--I have to control myself or I start ranting about Canberra's builders. Must keep in mind that there are plenty of good ones too. I think self-regulation doesn't work. Building certifiers are too cosy with the builders--they won't find fault with anything if...

I've lived in and around Kingston for the last 30 years, and own two units in Kingston. Unfortunately--or fortunately--I know just about every problem that exists in every apartment block at the foreshore. Unfortunately, Canberra's builders don't have the best reputation and the foreshore...

If you're talking about Kingston Foreshore, to rent might be okay but be careful if you're thinking of buying any unit there. Flooding basements, bathrooms with no waterproofing, windows falling out, rain running in between walls. The lists go on. The ABC did a report on the building problems...

My tenant has made a unilateral decision to lower his rent by $150 pw. Comments on this thread confirm that he knows something I don't; eg rents have softened.:(