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Actually, it seems I overstated the price differences. This is for Caroline Springs. Two bedroom apartment - 450k. http://www.realestate.com.au/property-apartment-vic-caroline+springs-116197543 Three bedroom house - 380k...

Have you thought about your pricing strategy? I've seen a lot of new apartment developments in the outer western suburbs where the price difference between an apartment and a new entry level 3 bedroom house with land is about 70-80k. I'm not sure that's enough of a difference to get a reasonable...