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    price guide from previous sales

    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...
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    Hold out till auction or place offer?

    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...
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    Value of a carpark in South Yarra/ Prahran

    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...
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    South Yarra apartments

    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...
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    Option A or B which would you go for?

    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...
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    Capital Growth of apartments in these suburbs

    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...
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    Apartment complex with shop at the front

    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...
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    Best Apartment Location

    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...
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    Land Tax for apartments?

    Apologies if this seems a silly question. I have been looking at buying an established apartment (24 apts or less in older block) in areas such as prahran, windsor and south yarra. In most contract of sales there has been no land tax payable but for one of them I am interested in there is a land...
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    Auction sale way above listed range

    So I have been looking for 2 bedroom apartments in the st kilda east/prahran/elsternwick/elwood are and came across this result today of an apartment I had been looking at. The guide price was $475-525 and it sold at auction this weekend for $655K. I don't know Elsternwick as well as other...
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    Inner City Melbourne Suburbs

    I am looking at a 1 or 2 bedroom apartment in this region. The property would be a ppor to begin with and in a few years convert it to an investment property, so I am looking for something I like, but also keeping in mind down the track it will be an investmement. I have spent some time in St...
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    Advice needed on private sale purchase

    Hi, new here and just after some advice on purchasing my second property. I have found an apartment in Melbourne's northern suburbs which was advertised as a private sale at a certain price. The property had only been on the market 3 days and as I have been looking for a long time and am happy...
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