melbourne buyers save $58,000 - by not buying, page-2

Consider a typical Melbourne first-home buyer couple with a 20% deposit ($120,000) ready to buy a home at the median $585,000 a year ago. Instead, they waited.

What a croc of garbage . First home buyers as a rule don't buy median houses at 585 k .
The median may of fallen but many suburbs have increased in price so the counter argument is first home buyers may of in fact missed out on a few percent rise and paid rent up the garden path if they had listened to the above writer .