I too believe the price is on the higher side. In best case scenario, I expect an 8% to 10% appreciation per annum.
If you are buying it for investment I think you should look elsewhere.
If you work anywhere in western suburbs and you are currently renting, dive in. In 5 years I think you may only be happy with this purchase.
Last edited by jia001; 12-03-10 at 02:01 AM.
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