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That's why we;'re not rushing in. Still undecided as to whther it's a good move or not. THey'll never be cheaper ... but ... should we be buying one anyway. If I could pick up a waterfront for 300k or under within 2hours of Sydney I'd be tempted :D At the moment all our money is tied up...

Talking to an agent yesterday Northern beaches property , previous sale in mid 4 mill , Recent sale low 2's. I don't think the actual sales are being publicised as it's not in many peoples interest for it to be widespread knowledge . Vendor will be depressed or embarrased. Agent...

I'd low ball on places you can't afford with a price you can. In a couple of areas we watch there are waterfront properties within two hours of sydney on the market for under 800 K . Some of these have been on the market for over 2 years. I'd guess some of these might have been passed on...