HiI don't know much about Melbourne but I think those 2 areas...

Hi

I don't know much about Melbourne but I think those 2 areas are pretty good ones - he may not have it yet but it sounds like a pretty good goal to me.

I went to an inspection of a property on Saturday and there was quite a bit of interest in a property that I didn't think was crash hot. The trick with the price was "accepting offers from $XXX ".

Lots of people there but it was the first day of open house so the numbers may be inflated by neighbours and tyre kickers (like me :) ).

Not many places up for sale in the area but there are 2 that have been on the market for quite a while, one is very ordinary and the other is priced too high IMO.

Rentals in the are moving fairly quickly. Also the property I inspected had a guide of weekly rental of $500-550 which seems a bit over the top for what it is.

all the best