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The apartment was $425K but with a few alterations/improvement it came to $428K. Rent will be around the $375-400 mark, current rent for comparable apartments range between $360-390 so in 8-12mths time when mine more than likely will be finished it could be around $375-400 mark. As it's OTP we...

I like Ringwood and have purchased my first investment property (had one and sold it 6yrs back). It's an OTP 2br ground floor apartment with nice size courtyard. Initially I stayed away from OTP due to the belief I will overpay but what I was seeing is some established apartments going for $400k...