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What he said.

No, it's a top floor oversized 1960's apartment in a boutique block of 7 at the end of a quiet leafy court with city views. An 'investment grade' property. Yes, I believe my Buyers Agent did overpay for it big time (he asked me to raise my max bid limit twice at auction! I foolishly agreed...

Here's hoping Deltaberry and Aaron C are right. I have an 6km inner SE Melb property (~680k) that has tracked sideways for 5 years. Ouch!