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following the off-topic regarding insurance. I personally loathe AAMI for car insurance. No choice of repairer, and very pushy/inflexible in their claims methods. Will never deal with. Shannons for my cars. Cheaper that AAMI, and they are awesome. I'll do some shopping around on the building...

hahahahahahah!!! One of the sold ones is mine. Also - 10 Cooinda St is sold. Offer was taken on saturday (we tried to go and see it). Too late - TOO RIGHT!

It's just my rough costs, which i have done on the high side of things for safety margin. Thanks for the tips on insurance... i'll look to get a better deal asap. Tennants were already living there when i bought, and they are good tennants so i've kept them. Pushing for $300/wk rent would be a...

yeah thats fair - but put your "average joe" hat on, instead of your normal "investor thinking" hat... and you can kind of see how most people will ignore all those other costs just because of the emotive attachment to owning their own piece of australia. Oh - and i've been looking in many more...

What sydney market are you referring to??? Sydney is a pretty huge place you know. Virtually none of the areas i look at had ANY rise in 2007.... Most have gone backwards slightly or stayed flat since their 2003 peak. I want to buy there. In fact ive put my money where my mouth is - i just...

Evand, the lower end of the sydney market has been becoming more and more competitive since about Nov 2008. That's 3 months so far - another few months and your definition will be met. On top of that, there have been some areas that have been experiencing strong sales performance: the hills...