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inner East apartments are a good option as long as they're on a street with little to no other apartment blocks and in an area that is not pro-development. To avoid the over saturated areas stay at least 2km out of the CBD :)

Somewhere around the 700 mark for the 2 bedrooms :)

Ugh just out of reach at 48sqm... banks don't like smaller than 50 so it's a no. But otherwise it's a great area of Prahran!

Haha you're right jackbak there are 19 units on the title... but 2 of those are townhouses; so there are actually 17 apartments ;) *just double checked

YMan - that's not a bad find - I think it may be too small - but I'm literally calling Fiona now to ask about it for a client... THANK YOU

Interesting choice. I know that building due to working close by. There are some good points like it's proximity to the city and trams. On the other hand it's in between two very busy roads, in a pro development area, in a mixed use zone, there are 121 units most of which are identical, the...

Correct; challenge you to find a better 1 bed, 1 bath, with outdoor area, car park and storage for equal to or less than 500K.... actually to make it easier for you maybe 550K? Up for it?

You're right jackbak. All of the above were PPOR that would be IP's later in life; hence the compromise. We're very confident that these properties will serve well in time :) Correction: sorry 5 Lewisham is solely an investment, sorry. PS - 5 lewisham ticks all the investment boxes

I'm sorry, Melbournian but could you please explain how are they average!? For example the first link, 5 Lewisham, is a completely renovated, character filled Victorian property with a rich history. The quality of finish is almost unparalleled; with original leadlight windows, double height...

Here are some examples of properties that I bought for clients last week: http://www.domain.com.au/Property/For-Sale/House/VIC/Prahran/?adid=2009795246 http://www.realestate.com.au/property-house-vic-fitzroy-110722121 http://www.realestate.com.au/property-apartment-vic-elwood-110775483

Completely agree with your point Y-Man; and as economist Dambisa Moyo would say "let the inherent, internal battle between investor and owner ensue." "which do you think is a better investment over time, considering that we will probably live in the property for around 5 years and then either...

Hi Uncertain1, I'm a buyer's advocate in Melbourne who specialises in helping home buyers or investors secure A-Grade properties based on historic growth patterns. The answer to your question is pretty straight forward. Your established suburbs as aforementioned in option b) have a higher...