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I'm a little surprised this hasn't happened either - might be a council issue? An IGA or little corner store of some description has tthe potiential to make a killing out there, wht with the uni, CIT, the hospital etc.

http://www.onthehouse.com.au/ This is a useful site for checking out what places have sold for.

Just realised my last post may sound a little negative - I did not intend that, Just wanted to make sure you have considered everything. If you have and it all still stacks up then go for it! Good luck.

I would recommend you read this thread if you haven't already: http://www.somersoft.com/forums/showthread.php?t=55459 Who is the development with? How long until settlement? To be honest $360k seems a bit much to be paying for a 1 bedder - Having said that I have not researched the...