Hi All, Looks like you have a lovely forum going on here. I just read through the thread @MTR posted on her Melbourne townhouse build. Maybe I'll get there one day. I moved to Melbourne last year and I'm currently paying over $2k/month for a small, old 2BR in Southbank. This was a landing point as I was looking for a job and wanted to be close to the CBD. My lease is coming up and I want to get into something larger and nicer - likely a bit outside the CBD. My initial thought was to rent somewhere in the Murrumbeena area and then save up a bit to purchase something in 2-3 years. I'm a little concerned that the market is bubbled and due for a correction - housing in the Murrumbeena area has gone up 20% in the last year. Seems a bit crazy. Now that I've been looking around on here, I'm wondering if I should consider buying something, even it if it puts me a little farther outside of the CBD. I have about $100-120k in savings/stock market that I could tap, and figured on looking at something in the $750k range for a 3BR. That's why I was figuring on 2-3 years to save up a bit more cash and see if the market will correct. I'd hate to get into something and then have the bottom fall out, but as this would be a PPOR as a first time home buyer, as long as we pick something we can afford and are happy with it's not the end of the world. There is a school in the Murrumbeena area that we'd like to send our kids to, but that's a few years off. Just figured it made sense to look for property there, but certainly can go a bit farther out and drive in. Also - any advice on looking for an accountant? I'm in desperate need of someone to help start sorting through all this. I'm bumping up against the $180k bracket and want to make sure I'm making smart decisions. Also any readings for a complete newbie would help.