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Alicudi, I like your thought process and can understand where you're coming from. I also agree that both areas you've suggested have potential. If Cadence is open to the risks of development/division or purchasing a property that doesn't tend to fit the mould of a suburb's demographics then...

Hi Cadence, Realistically $650k for a house is not going to get you into any Blue-Chip area (however it is the perfect budget for an apartment in such an area). There'll naturally be more perceived risk if you're buying into other pockets. From my knowledge of stats/predictions from the big...

Sorry, I categorically disagree with this. Glen Iris, albeit a conservative area, is not risk adverse if you spend $325,000 on a small apartment. Glen Iris is mostly populated by home owners/buyers and does not perform all that well when it comes to rentals when compared to suburbs like...