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Ok, I agree the tonality was probably not appropriate. Sorry Forumite!

Going back to what I said about the median Toorak house price being $755,000 in 1999. You can also see the median Brighton house price was $490,000. Using this as a basis, it would be fair to say the average Armadale, Canterbury house was mid $400K’s and following on Kew/Hawthorn/Camberwell be...

Er...that only goes to 2001 mate.

http://www.google.com.au/search?hl=en&client=firefox-a&channel=s&rls=org.mozilla%3Aen-US%3Aofficial&tbo=p&tbs=tl%3A1&q=1999%2Btoorak+median+house+price&btnG=Search&meta=&aq=f&oq= I couldn't get the article up because I had to pay, but it was apparently $755,000 in 1999. The median of Toorak...

haha, obviously NOT!!! Otherwise, I wouldn't be saying Miranda Kerr is ok~ish and I would be looking at semi-nude Jennifer Hawkins pictures instead!!! Btw, I knew you were being sarcastic. Just playing along.

I don't know about you, but I know a lot of people who said 'I could have afforded that Toorak house many years ago, had I known'. Remember, the Toorak median house price in 1999 was just over $700K and yes, it was a hefty price tag then to enter the Toorak market, but definitely affordable to a...

There are several ways to view this. 1. The logistics of managing 20 houses would be a nightmare, even if you got property managers on all of them 2. I did say 20 houses in Werribee only, but still, this does not distort the argument because it could be expanded to 20 houses in relatively...

Do you really think people who buy houses in Toorak borrow up to 80%? Most today are either those from Mainland China who pay the $10 or so million in cash upfront, or those with a large proportion of equity in their Toorak houses. Do you really think the guy who bought Miegunyah went and got a...

true, then you get the other extreme of not being able to find suitable euphemisms to describe certain suburbs (i.e. Werribee), hahahaha

Mate, of course my use of 'cheaper' is more sophisticated. It was used in the context of comparative purposes which is PERFECTLY fine. How else are you going to describe it? However, your use of 'cheap' is based on an economic principle which is of course, SIMPLISTIC at best. It is indeed...

I do think buying in Brunswick is a good idea. Why? Do you differ from my point of view? Please do share. Sure, maybe next year property will crash in Brunswick because of your so called ‘undesirable types getting around’, which of course you are implying I am one of them. I will take my chances...

Sash & Crash, the last time I checked, Melton, Werribee/Hoppers, Wagga Wagga are not in inner city Melbourne... You might need to sell a few of those $200K houses in Werribee/Hoppers, whoops, let me correct myself, I mean regional Victoria before we start talking about affording the front...

Point Cook is going to give you 20% compounded growth? Oh my goodness, and here I was bagging Point Cook. I definitely cannot beat that with my Toorak drumming! 150sqm land 2 bedroom houses (fully attached) are often nudging the $800K's and some have well exceeded it if in a 'prime' location...

I don't know your budget but if you were looking for 100-150m2 of land in West or North Melbourne, you would need minimum $700K (even this in my opinion is not enough, but a start nonetheless) unless you plan to buy on Spencer St or Victoria St. Here is an example...

I went back and re-read your original post and would like to get some insight into what you classify as 'good value for money' and 'undervalue'. In my opinion, I don't think anything can be classified in that way (happily to be proven wrong here) and would think such are loaded terms to justify...

I bought in Brunswick last year (2 bedroom house). My house is just under 5km to the CBD (just a few streets from Brunswick Road). Bank valuation had my house 150K above the price I paid 1.5 months after I purchased. North Melbourne is excellent as well. Know someone who bought there achieving...