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Yes, I was one - bought two Central Equity apartments in Melbourne CBD in 2000 and 2003 whilst living in the UK and sold each one after seven years for more or less what I paid - holding costs in the interim being significant (net yield 3.0-3.3%). The difference then was the exchange rate - CE...

Got pointed to this story by a post on skyscrapercity.com - http://www.thesundaily.my/news/312950 . ... Savills reported late last year that investors and developers from China, Singapore and Malaysia had spent more than $100 million in buying Melbourne development sites over the past 18...

Body Corp levies in my building are certainly high. By compensation, the location and my lifestyle (work from home) mean that I don't need to run a car (am in Flexicar for when I need one) and I rent out my car space for $200 a month. If I worked in the western side of the CBD I would reckon...

As Aaron has just said, the offset account is a separate account from your loan though linked to it, and any money in that offset account reduces the loan amount as well, so you save money on interest. There are two (perhaps more) reasons why you might want to do this: You might want to take...