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Ms Ali That's one of the reasons why I like coming here . Like minded people who can provide support and , hopefully , appropriate and constructive feed back . As per Dennis's post , feed back in the real world is often different to here . When we first got into investing we discussed it...

My parents were concerned when we first started investing , but ended up realising we knew what we were doing . Now though , they're 90 and 87 so we don't tell them as I know they'd worry about that we were doing . Cliff

Dennis Looks like you've covered most bases One thing that hasn't been raised is how much would something sold in the last cycle , say around ten years ago . Generally when we're buying ( in particularly in outer suburban areas ) I like to see something that hasn't seen much growth...

You need to be able to compare it with comparable sales within the same suburb , or if its unique , have a good idea of properties that you can use as a bench mark as a comparison to work out a relative value . Cliff

You often have some element of regret when an offer gets accepted as you wonder whether you could have got it for less . What at comparable sales in the block and near by ? For $40 you can have access to previous sales data for the suburb from myrp . Again I don't know that area well enough to...