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thanks Tsea. I am prepared to spend up to $550K if I need to however then I would probably start looking at suburbs nearer to the cbd as well.

Armadale How does Armadale compare with St Kilda East in terms of price, capital growth prospects and being sought after for rent?

Which of those suburbs is best for rental demand? Tsea, keep us updated on your purchase. I too hoped to purchase a 2br IP in either Prahran, Elwood or Windsor soon. Being from NSW I am currently doing lots of research before making the trip to Melb. I have spoken to lots of PMs. The feeling I...