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I've been looking at several townhouses in Melbourne's northern suburbs. Today, I noticed for the first time in the contract of sale of a nice 3 bedroom place that the zoning is Commercial Zone 1. This property is at the back of a subdivision of a corner block that borders a main road. It's set...

My wife and I have rented in Brunswick, VIC for years now, and we would like to enter the market by buying a unit with 2 or 3 bedrooms. We're looking at suggestions on what kind of units to look for. Our plan is to live in the unit for 5-7 years and then convert it into a IP, and upsize. We are...