melbourne apartment price

Hi all,

In my first thread I mentioned that I only have 243k to invest in property. I'm also express that +cf are to hard to find now aday. But after reading through many advises, searching hard I found that +cf property do POP UP from time to time :p :p

So to start off my property investment I made my decision to invest in Melbourne paprtment (first step). After a few inspections, I decided to make some offer. But the Problem is this, because of my inexperience in the market I just don't know what to offer???? :confused: do you guys know anywhere I can get my hand on statistic regarding to property (specificly to apartment will be good) in Australia?

thx
 
Spend 4 weekends in the area pretending that you want to rent a place identical to what you are buying. Go talk to property managers, read the local paper, look in shop windows. You will figure out pretty fast what the real rent is.
 
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