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Wow thats a great rental return, didn't realise how much those apartments rent for. Is it possible to get a 95% lend for those? What are vacancy rates like on inner city apartment? EDIT: Nevermind.. after a bit of searching looks like I'll need a massive deposit to purchase one of these :(

If I had my deposit saved up already :( I'd be looking at this one close to rail and fairly cheap http://www.realestate.com.au/cgi-bin/rsearch?a=o&id=105101574&f=0&p=10&t=res&ty=&fmt=&header=&cc=&c=30395765&s=qld&snf=ras-bri&tm=1218168880