I've certainly noticed when looking around at properties here in the Eastern suburbs of Melbourne that people are going crazy in the $350 – $540 FHB market….we pulled up to one inspection and I thought "Pink" must have been appearing such was the mass of cars….Whether the FHB is extended or not extended the "rush" at this level should…[Read more]

Well thanks again for all the posts…it actually is great to get a lot of different opinions…I guess 3 factors come into the equation as well for us:*Our first child is on the way…country town offers easier lifestyle with family nearby , cheaper living costs and travel needs etc….our own home (that we can setup as a base) is preferable to…[Read more]

Thanks for all the feedback – much appreciated!Yes – the idea of keeping the two properties in Melbourne is certainly appealing – Melbourne seems like a market that in the long term will always be in demand…and in the short term it also brings in a steady income stream.My only concern is that if we end up with a large mortgage on the new home we…[Read more]