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Yeah, all money from China. Australian property is still one of the best ways to 'get' their cash out of the country. You would be amazed at some of the auctions that took place last year in suburbs like Coburg and Preston. 3-4 mainlander bidders belting the daylights out of each other at the...

On the balance of choosing between a 2 bedder apartment in St Kilda and a 2 bedder townhouse in Coburg, I'd go the townhouse in Coburg given scarcity value. There would be a finite number of townhouses in Coburg, but as you know, a stack of apartments in St Kilda to choose from. Also, I...