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I think it wasn't a waste of time - as you say, a learning experience - and probably more valuable than doing a course or seminar. :) The Y-man

Don't worry - you'll develop a thick skin soon from everyone jumping onto the slightest terminology mix up :) Just wait until you get loaning and borrowing mixed up! You won't hear the end of it for about 20 posts..... :D Cheers, The Y-man

I wasn't been sarcastic - I was being pedantic - I think you mean Vacancy Rates? In my (admittedly limited) understanding: Occupancy rates = percentage of time the unit is occupied. Low Occupancy = High vacancy = very bad for investment properties Cheers, The Y-man

My personal preference would be St K East eg. http://www.realestate.com.au/property-unit-vic-st+kilda+east-106389142?tm=1269559351&c=14406649&t=res http://www.realestate.com.au/property-unit-vic-st+kilda+east-106389138?tm=1269559741&c=12526158&t=res...

Well heck.... that's a worry! :D The Y-man

Because of this bit.... You pay a profit to the developer, builder, etc on top of higher selling agent fees (to push the product). Therefore there can be an inbuilt "lag" to market prices. Cheers, The Y-man