Hi All,
First of all THANK YOU to everyone who has contributed. After taking a few hours (whilst at work and ALT-TABing) I have managed to go through ALL the replies. This information is invaluable as it comes from people WHO HAVE PUT MONEY WHERE THEIR MOUTH IS as the expression goes. Over 2 years ago (May ’03) I purchased a 2-bedroom unit in bayside suburb in Melbourne (Mordialloc). All I was thinking then was I have to get into the game (YOU GOTTA BE IN TO WIN IT) as they say (I like a lot of sayings as you may have gathered by now). In hindsight it was THE BEST DECISION that I’ve made, although I had NO KNOWLEDGE what so ever! Given the opportunity to start over again would I have chosen that unit? Not sure. So Nads, as long as the numbers add up go for it and remember to KEEP EMOTION OUT OF THE DECISION PROCESS. Well that’s my 2 cents. Wish everyone a MERRY CHRISTMAS and a VERY PROSPEROUS ’06!

Ram.

Regards,

Ram Vemula