YOu ar enot wrong Mel, the property increases here have been incredible. We bought our property in April 2001 for $185K, have done very little to it and recent valuation came in at $350K MINIMUM. Anyone looking to invest in ACT be a little cautious at the number of units – the word from all my RE & finance mates is that we are headed for a major over supply.

Hi Insider,

In my experience as a broker it really depends on the town you are looking at and its proximity to a major centre. Its not necessarily the Banks that are the villans in this case but the mortgage insurers – so if you are borrowing under 80% of the property value you have more chance. You definitely need to stick to the big 4 but also I have done loans through AXA & Homeside in some unusual areas. I have quite a few of the Banks postcode indicators if you have a particular area in mind let me know and I can check for you.

Maria []