Looking at the potential to buy IP. Given the current covid situation is it now or in the next a few month good time to buy in Melbourne area? We are located in Adelaide so not too familia with Melbourne market. Looking for passive income but if it’s in an area with CG potential that’s bonus. Ok to appartments if it’s <$300k and in good accessible area with 5% pa rental return. Otherwise am looking at unit/townhouse/house with reasonable transportation to CBD and access to schools. Budget ~$500k max. What would be a good area to look at and what’s the expected rental? when looking at realestate.com I noticed ongoing strata/council/ESL/sewage are not normally listed. Can anyone share their knowledge on how much these fees are for apartments in the city area? Thanks!