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After a fair bit more research, and an improved financial situation, my budget is now $500k within these suburbs: St Kilda East Balaclava St Kilda Glen Huntly Carnegie Thornbury Brunswick Fairfield Ascot Vale Once again it will still be a PPOR, but 4-5 years later it will no doubt...

Thanks Simon I will give elsternwick a look too (assumed it was too expensive for me). Aaron do you mean places like Ascot Vale/Flemington are over priced?

Thanks for the insights. They will be helpful.

14k radius from the CBD: http://imgur.com/YsoTOYI

Convince me why I should consider living further out than box hill. Because at the moment the thought of it is not very appealing (as I mentioned, CBD proximity is pretty important)

Just to clarify, I'm 25, single and buying the house on my sole income. That means I can't stretch past 420k, as that is about all I'm good for. It also means proximity to city is important (I work and play in the city). How are commute times from those suburbs out past box hill? Does anyone on...

After a fair bit of research I'm starting to establish a list of suburbs that I would consider living in AND believe I can afford. Key criteria: Budget of $420k Must have 2 bedrooms Must be within approx 14k of CBD (preferably closer) Must be within 1km of train line. Must not be a big...