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340 sqm. That seems ridiculous. If it was an auction that means that someone else must have been bidding up to say $3.7M. The only way I can imagine paying a super-premium was if you owned half a dozen in a row and wanted to bulldoze and redevelope the whole set. But that can't be true for...

While you make more money from CG than from yield, I would have thought that yield helps you discern the underlying asset value. In theory rents should rise at the same rate as CG, in the long term yields should stay similar for a particular property type. However we seem to be getting ever...

I struggle to understand people buying units/apartments on yields in the low 3%s. My view is that the high capital gains are driven by land values. In many locations land values are driven by development potential. That potential has already been realised for most units/apartments and split...

I think it highlights the sacrifice's or squeeze people are prepared to go to for a location they really want. I looked at various units in Camberwell/Canterbury 2+ years ago and many were really small. Bedrooms less than 3x3m. Great location though. For those sort of $$ you are looking at...