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My ppty manager has recently negotiated a rental for $20 a week higher than the price advertised. Just thought I'd throw a good news story on Canberra rentals out there.

Wow, I just checked on the price of a two-bedroom unit in a complex at Coombs and was given a price of $404,000--and there seems to be hundreds of them. Might as well buy in Kingston for that price. I asked why so much, and was told that it was because they were on a separate title and there...

It will turn. It always does. When Canberra's population consisted mostly of Commonwealth public servants, it was an artificial environment: it was not at the whim so much of external factors but rather of the government of the day. As the population increases to include private sector...

Simon, I agree: land tax is too high. And apparently it's about to go higher. It turns some people off investing in Canberra.

It is true that Spring is considered the best time to sell or rent. Is this why in the last week or so everyone seems to have put their place up for rent eg. Allhomes? I don't think that house prices will rise in Spring.

Slightly off topic, but has anyone seen the recent allhomes rentals for Canberra? I have never seen so many places available for rent, especially apartments. It seems to me that vacancy rates in the last few weeks have doubled. What do others think?

Jamie, tell him to hold on to it!

I know. It's ridiculous. At it's height, a couple of knockdowns sold at more than $1m. I'm not sure that they're getting that price now though. It makes me feel sorry for first home buyers.

Me too--I wish I had bought more then. My first place in Canberra was a new unit purchased in Kingston for $165,000. Cheap.

Rohan, I agree with the above: it is the land that is valuable. If you can afford it buy a house rather than apartment.

I have properties in Canberra and in Melbourne. My Cbra properties have outperformed my Mlb properties by a mile, and then some. I like to buy in areas that I am familiar with. I have three in the inner south and I don't believe I would have got the same capital growth anywhere else in...