First Purchase

Hi All,

I’m currently looking to purchase my first home. I’m looking in the Neutral Bay area in Sydney and am interested in a 1-2 bedroom unit with secuirty parking. I’ve been hearing mixed reports that the property market is still on the decline while others are saying it is on the rebound. I don’t want to purchase anything just yet if pricing are going to fall again. Does anyone have any substanital evidence that prices are either still declining or are starting to rise? Also, for those of you who would know, what would an excellent condition 1-2 bedroom unit with internal laundry and security parking/garage in the Neutral Bay/North Sydney/Cammeray areas in Sydney be worth these days?

Any help would be appreciated.

Thanks
sl