Anyone bought into Vantage Bruce in Canberra?

Hi all,

I've been driving by the few sites in development in Bruce about once every month and I notice that the Vantage apartments looks nowhere near to completion. However the developer's site suggests it will be ready in December 2009?

Has anyone heard anymore about this? Unfortunately I suspect there is going to be some delay :(


for the buyer, , lets say you bought off the plan , and your deposit was 1 k , and for some unbeknown crazy notion the units took 10 years to complete, so you secured a 1k deposit in say 1999, and you have to finish finance in 2009 so the ten years goes buy, what is the unit worth now?? 100% above purchase price, ??

Now break it down for two years still good numbers , 10% or so, ;)