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I live in Prahran and it can take an hour to get to the city... All depends on traffic.

Option A. $500k can get you a reasonable 60's/70's apartment 2BR in St Kilda East but with this budget you'd have more choice with 1BR's when it comes to Prahran/Windsor/Elwood/St Kilda/Armadale etc. 1BRs are still good for these suburbs. Make sure the apartment ticks all of the major...