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Gordon You picked one example (what about the other 2?) and yes it is quite correctly priced. Probably most of Carlton is. So we are on the same page. (I should have explained its underpriced compared to the other suburbs) BTW In Northcote 565 will get you the worst sf vic probably next...

No more buying for me atm - im actually about to renovate my Nortchote house - speaking to architects this week. Exciting. With my cash position and lack of debt I feel quite comfortable taking on a sizeable renovation. Fingers crossed though....

dude i was talking about single fronted victorians check this out http://www.realestate.com.au/cgi-bin/rsearch?a=o&id=106089089&f=0&p=10&t=res&ty=&fmt=&header=&cc=&c=58780949&s=vic&snf=rbs&tm=1256620543 Same price as Northcote or Fitzroy and this one that sold for 565k a few weeks...

I mentioned a few months back that I thought Carlton and Nth Carlton was undervalued compared to say fitzroy and Northcote. Only for certain houses though - especially sf 2 bedroon vics. The price is about the same - and it shouldnt be! The reason IMO is that people think they are priced...