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no one can answer that question though. Eg 15km from perth might be say a nice house on the waterfront on marmion/west coast or it could be a run down house on a triplex site in girrawheen or wherever 15km is. for the first one $1.2m would be fantastic value but the second property would be...

it is impossible for anyone to answer that question accurately without more info. what area is it? block size? what is the condition of the house? if new what is replacement value, what is median price for the suburb etc 15km NOR could be a lot of different suburbs with entirely different...