Hi Shannon,My advice (for what it's worth) is to buy something soon even if it might appear a bit above the market price (sometimes this is quite hard to determine) especially if you intend to live in and keep it for the long term. I bought my first home in Brunswick in 2002 and thought I might have paid a bit above the market price at the time…[Read more]

Thanks so much for all that amazing info Saka888! Sounds like you've really got it covered re Melb CBD apartments. Can anyone tell me what most buyers agents' fees are? Eg. I've heard possibly 10% on the purchase price of the property???

Thanks Richard and Steve!Steve – thanks so much for your thoughts on apartments. We're looking at ones in small blocks of 10 or less as I had considered some of the issues you raised. The issue about valuations with apartments hadn't crossed my mind though so thanks for drawing my attention to it. Our reasons for considering a CBD apartment…[Read more]