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I have been doing a lot of research in the st kilda east area. This area and these streets are more balaclava than st kilda east, its an area south of carlisle street. It is still a very nice area and well serviced by public transport with both balaclava and ripponlea stations close by. My...

Going to auction in a few weeks, been on the market for 2 weeks, so I'll wait to auction day. Identical floor plan to the others and all with car spaces on title. Just wondering if apartments in those areas would be more expensive than 2010/11?

So I am looking at an apartment in melbourne's inner east. The price guide is $460-490K, so looking at that I anticipate they want around $525K. Looking at previous sales in the block from 2010 and 2011 apartments in this block sold for $515K $505K and $510K. Are apartment prices in suburbs...

I think it would be worth more than 5K... Any other opinions? I'm comparing this apartment to one sold earlier in the year and trying to get a gauge on how much more an apartment would be worth with a car space on title

Agreed Y-man, what do you think the value of a car park in these suburbs is?

Interested in an apartment in the inner eastern suburbs of Melbourne. Auction is in 2 weeks and the price guide is $475K + Agent has stated the vendor would be willing to sell prior to auction and indicated it would need to be over $500K to move it on. He explained the strategy would be if an...

Hi, looking at buying an apartment in these areas, just trying to do research on some apartments. What do people think the value of a carpark (on title)? If it's a street with limited parking would it be fair to suggest a apartment with a car space may be appro $50K more than an apartment with...

I agree 50sqm is ideal as the lending capacity is much easier however I think most banks are becoming more lenient to properties at least 40sqm with a carapace on title. If I had thr capacity I would definitely go for a 2 bedder but I can really only look at 1 bedders. In South Yarra/prahran...

Most, if not all older style 1 bedders are between 40-50sqm, my minimum is 43sqm which I think is just big enough

I am looking at some older style south yarra apartments, in blocks of 20 and below and between 45-50sqm for a 1 bedder. This is as an investment My question is; does the huge influx of high rise apartments in this suburb make these older complexes less desirable? In one hand I can see potential...

What a terrific detailed post Jake. Made for excellent reading and very informative. Do you have anything similar for st kilda east?

What do people think of st kilda east/balaclava area for an older style 2 bedroom apartment?

Borrowing capacity.. I am leaning towards a 2 bedder in st kilda east/balaclava. Growth there looks pretty solid and its more affordable than prahran/elwood for my budget

Hi, just after some advice and opinions from people on here. I have approx $500,000 which I am looking to spend on an investment property in inner melbourne, and are trying to decide between the 2 options. A) 2 bedroom apartment in a suburb such as st kilda east/prahran/elwood, an older...

Thanks Jake for the really detailed reply. Very useful information and greatly appreciated

come on lol surely at least 1 reply?

Hi all, just deciding whether to invest in a 1 or 2 bedroom apartment in a suburb such as; Prahran, Windsor, St Kilda East, St Kilda or Elwood. I am only looking at the older blocks which are smaller in size and nothing OTP. Is there likely to be considerably more capital growth in a 2...

I am wondering if this is ever an additional risk as compared to a normal apartment complex. I am looking at an apartment complex which has 12 apartments in it, at the front of the complex is a small single story bookshop. The contract isnt available yet but from my understanding the shop at the...

Yeah both blocks have ground, first and second story. Is it more advantageous generally to be at the front of the block and have a street view?

Hi just wondering on some people's opinion on the best position of an apartment in a block. I am looking at a 2 blocks in inner city melbourne and there are 2 apartments going, both on the same street 2 doors down from each other. This isn't a busy street but does get some traffic in the...