Sydney VS Melbourne

[House monster]

Why is a one bedroom in Sydney central about 500+, while in Melbourne it's only under 400K.

2 great cities.....

Are we comparing apples with apples?

Because if we were, then Melbourne CBD would be the place to buy.


Any comments?

 

[jezza]

Any comments? Yes
Are we comparing apples with apples? Not even close, in fact your comparison is not even on the fruit scale your comparing apples with landing man on the moon

Your drawing a very long bow if you use this analogy to ascertain which is the better city and which is the better place to buy

Jezza

 

[BayView]

Because if we were, then Melbourne CBD would be the place to buy.
Any comments?

Who's to say that the Melb CBD is even a place to buy?

Good luck getting a decent rent return.

I hope you have a big income and lots of cap growth to offset the neg gearing and high entry level.