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Very well said - it all depends on the individual's circumstances, financial position, age. Different people have different strategies. A lot of people ask me why i sold my properties but i also said i prefer some liquidity in case of emergencies as a solid cash offer is always something that...

thank jason. How much you renting yours per week? and that valuation. how long ago?

Not sure why. An agent once told me it was because it is rare and no one builds them - (subject to the suburb)Body corporate i believe is slightly lower but not significant enough. In southbank there is stretch of low rise apartments of southbank boulevard, Wells st, dodd st, coventry st...

jingo, what do you think of this one? 460K. Seems large enough. I don't know this area that well - so don't really know if it's good. Other than that, nothing else in that area...

what's the rentals like for 1 bedders and 2 bedders in North melbourne. I presume close to Melbourne Uni, the higher the rentals?

yeah.. off the plan. However those who bought in 2nd hand ones in 2005/06 have seen appreciation. a 2 bedder was around 330-350K back then now close to 500K Then again, there are new towers coming up especially closer to city rd. The other ones on dodd st, sturt st, and wells st are not...

350-400K can only get you a 1 bedder in inner city apartment. I would think it would depend on what your objectives are. If you're going to buy and rent it out. it shouldn't be a problem. But you best research which areas. I've been passing for the last couple of weeks on the new...