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Your budget is healthy, there is better.

To argue that the results aren't regulated and therefore cannot be used as a measure is ludicrous; and how are the results unreliable? The REIV works very hard to ensure that quality information is recorded. They are very consistent in their reporting. Also the REIV's figures are those that the...

Clearance rate today was 66% in Melbourne with about 1200 auctions. That's the highest amount of auctions since 2010... Pretty good result

Your right; it means property prices have fallen more than grown overall. Melbourne has three different over saturated markets at the moment. The CBD high-rise apartment market, the outer West and outer North house + land markets. There are other suburbs in negative growth right now but it's...

I could pick suburbs in every state that have similar patterns over the last 12 months. Don't be brainwashed by media trying to sell stories. Melbourne isn't one big market; it's made up of hundreds and thousands of smaller markets that march to their own beat. Some areas have dropped...

If you're looking at those areas I'd suggest this preference: 1. Hawthorn Option one: Type: 2b Apartment Price: High 4's to $500k Example: http://www.realestate.com.au/property-apartment-vic-hawthorn-111755147 Reasoning: 10 year moving average for capital growth in units is 7%. 3 year...