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Thanks Y-man, trying to get a feel for Melb. Cheers Chrisv.

OK, still interested in the amount of rent this or a similar property in the area would attract. Cheers Chrisv

What would it rent for after you pay whatever it sells for? Cheers Chrisv

In the imortal words of the wise one.........."Please explain":confused: Cheers Chrisv

An interesting article by Ben Schneiders and Chantal Rumble of the age and reproduced by Domain.com regarding pre auction price quotes. Below is an extract of a quote by Enzo Raimondo, head of the Real Estate Institute of Victoria. Mr Raimondo said it was "very simplistic and not correct"...