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Actually, Land Tax Implications... I really have no idea. Any help would be appreciated. Something close to shops, easy transport into the city, fairly close to water if possible(but doubt in that price range), good neighborhood, etc..

With Melbourne on fire, I am looking at spreading my wings into Sydney. I have $500-600K to play with and want something relatively low maintenance. Was thinking an apartment or unit. First, how is the Sydney market fairing? I keep hearing it hasn't done anything for ages(maybe certain...