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Thanks for the response. Yes, you're right, my solicitor is on holiday until 12-Jan and perhaps there'll be a lot of work when his office re-opens.
The vendor has agreed to mid-Feb settlement in the contract, but I've asked my solicitor to request for an earlier settlement. I was told that we can always bring forward the settlement date. If we insist to bring the settlement date forward, how can I be sure that my bank would have the money ready at settlement? Otherwise, I'll have to pay a daily penalty, isn't it?
Thanks, I'll look into my superfund to see if I could increase my insurance cover.
Have you tried getting past sales reports for that area? You can get it from a number of places like Homepriceguide, etc.
Thanks for the comments, Terryw.
I may buy the property in Maroubra Junction, mainly because it's much newer (I can get depreciation).