LIST: You could buy one of these 5 watches … or put a deposit on a house

Australia’s property market is brutal right now, with some eye-watering prices and fierce competition. Even if you’re in a position to buy, getting some actual skin in the game is hard, thanks to the shark pool known as the Saturday morning auction schedule. So, if you’ve lucked out one time too many, you might be tempted to throw in the towel, eat your weight in avocado toast and spend the deposit on a nice watch instead. Here are five contenders (all currently available in Australia, just FYI). Patek Philippe 5270G If we had to peg this gorgeous blue-dialled perpetual calendar chronograph from Patek to a suburb, it’d definitely be Sydney’s Vaucluse. $213,750 MB&F Legacy Machine Perpetual MB&F’s super complicated version of the Legacy Machine is edgy, chic and super exclusive, just like Fitzroy. $232,600 Greubel Forsey Signature 1   If you’re in the market for a Greubel Forsey – widely regarded as one of the finest ateliers working today – you’ve already got quite the portfolio under your belt. Perhaps it’s an alternative to your city penthouse? $267,000 Girard-Perregaux Constant Escapement L.M. If you appreciate modern lines and cutting edge techniques, be it in architecture or watches, then this GP should…

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