25k deposit would certainly get you into the products I sell , certainly wont get you inner City , but BIG deal , I have never owned anything close to Melbourne either .
Get yourself into the market however you can ..rather than grabbing or " hoping " that you will get a correction . You may get a rise of 60% before a drop of 20% , crazy if you really think you are going to pick top and bottoms .
The first thing I do with my kids is assist them to get a house , and to set up a share trading account Comsec or the like . Teach them whats actually involved in equities and property , only one is 18 and she very much understands how things work .
When I was a part time uni student and worker , I always owned property , renting the rooms to other students and building things from there . Education is the best thing you can give a child .
