Hi, pls help. We have been the up to Brisbane to meet a Real Estate Agent that was recommended as we are ready for our first investment property. He has showed us a lovely three bedroom, Town house in Oxley that is managed. We have been told the price is $360,000 (also the bank valued it at this). On looking around on the net I see that some other properties in the area are around $310,000. I know this Townhouse that we are thinking of buying is brand new so therefore we can get the best out of the tax with the depreciation. The real estate agent recommended a guy to do our finance (which I am ok about) and also a Solicitor, who is charging $2200 fees!!! Seems expensive to me. Anyway what I am asking from you experienced investers is am I being charged inflated prices???? Or do the think the price is pretty fair. The Real estate guy gets his fees from the property developer and he showed us this $10K fee on some paperwork. As we are new to this we really do not want to be ripped off on our first property. Thanks for your help its much appreciated.