It is indeed a great sighting. But unfortunately the apartment itself ain't that great
Now that does give hope! Just hope that the apartment I buy will one day become a good investment...
I don't think its worth starting a new thread. So I'm gonna continue venting here.... Its very frustrating that there is hardly anything decent out there atm. There just seems to be a mass of crappy apartments that have been on the market for way too long. And what makes it even more frustrating is that when a nice one comes into the market you get these impulse buyers who think more with their heart then their head and they offer way more then its worth and they make it way to easy for the real estate agents. They think that just coz they've got the 1st home buyers grant they have more to spend or they can borrow more. Its ridiculous! Don't even get me started with the chinese international students who have craploads of money from their rich parents overseas and for whom price doesn't matter.