Loan pre-approvals by banks can be confusing. They aren't a rubber stamp to buy whatever you want, but some buyers are being a little too cautious.
How much will I need to buy investment grade property in Melbourne?
Richard Wakelin discusses how much you'll need for a one-bedroom apartment, a two-bedroom apartment and a two-bedroom house in the inner north, inner bayside and the inner east of Melbourne as of mid 2014. He also points out where you might invest if your budget isn't quite enough.