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 stamp duty back as part of the normal deductions as stamp duty apparently is incompatible with leasehold. (I havent explained if very well but that is, in essence, what happens)