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You don't see any issue buying an OTP unit at what must surely be close to the top of the market?

I was referring to this apartment specifically. I'm a generally bearish about sydney in general but I'm far from an expert on that market.

since you asked - i'm fairly comfortable saying this will be a bad investment. Let's do the numbers. Let's say you want to make 20% gains within 3 years; a modest return. If you're saying rents are estimated to be 650 /wk you'll probably end up with around 480/wk after strata and management...