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How come? Was he talking about a particular property or just old houses in general? Ours was an ex govy that's been extended. It was old when we purchased it (but in good condition) and we've pretty much renovated everything. We didn't have any dramas - new plumbing was a bit expensive and...

Welcome aboard :-) Inner North all the way - but I'm extremely biased :) I have my PPOR and office in the inner north. The market here seems to be picking up though. Was just talking to an agent today (admittedly they always tend to be positive) and she said that interest has picked up a lot...