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Piston - nice constructive comments there... what i was saying, from the information given, is that two properties are below the median value. one from the location on a main road and one from the house having dodgy reno. The location wont change - the Hume isnt going anyway. Whereas the dodgy...

land is what appreciates. remember that the reason the one on the hume highway will never change - whereas the other one's downfall can be altered. Given the choice from what you have said i would go with the better located house.