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(a) Depends on purchase price (b) Southbank: agree totally, I am getting offers left right and centre from agents that know I do business, but not interested unless its a steal, and I mean a steal (2 bedroom with car park, come to me if its around $400k otherwise don't disturb me) (c) I missed...

I live hear, the Paris end holds much better, and the Paris end starts west of Elizabeth Street. In fact I would narrow it down further. Collins street to Lonsdale street, Swanston street to Spring Street. That's the grid

yes well, you have just explained very clearly why. I can get a two bedroom/1 bathroom + car park in the cbd with sqm at least 75 sqm for under $550k. If I go to southbank I can get for somewhere between $480-$550. So why buy a sh**ty 58-62sqm for more than this!!!!!. So again, my...

overall good post, you know the local market.

Is that with car park or no car park. If with car park and reasonable size (ie 75sqm or bigger for 2 bed/1 bathroom). $500k will be fine. It might not make money over the next few years with lots of supply coming on market, but the owners have little risk of suffering any long term capital...