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As has been said there are areas out west that have done well, and also not so well in recent times. There was a piece on Today Tonight a few nights back of poor perfoming property south west of Sydney selling roughly for the same price purchased 7 years ago, areas like West Hoxton etc but then...

There is also value to be had in Westmead, Harris Park even North Parramatta particularly in the shorter term - ive been looking in these areas and they look nicer than a lot of units ive seen in the heart of Parramatta.

In Sydney for a house you are looking west of Blacktown at this price. A lot of inner city home owners are using their house equity to invest in these areas which is not a bad idea. The new state government is proposing some land release in western Sydney. Areas like Newcastle, the central...

I noticed in the SMH article yesterday Sutherland was among the fastest selling Sydney suburbs on average, so there is some activity in the region: http://smh.domain.com.au/real-estate-news/quick-and-the-dead-suburbs-defying-the-glut-20110520-1evc5.html Whether or not this translates to...

No problem Albert, im not really an expert on these areas so don't hold me to anything! But with population pressures increasing you would have to think the demand is going to be continually strong in these suburbs. From what I've heard there is a large Asian demographic in Hurstville now. As...

I think you might have to borrow more to get anything substantial particularly in Marrickville and Camperdown closer to the city. The suburbs mentioned ranked 126th, 32nd and 39th respectively last year and have been strong performers in recent times. I had a look at the 2010 Spring Property...

Ive heard of some promising things about Doonside, even Blacktown but i dont think i am totally convinced about Western Sydney in its long term capital growth outlook. I'm sure if you get in a nice spot in these locations and hold for the long term you cant really go wrong but it may be even...

Bluestorm, that sounds like very good value to rent a 2 bedder with harbour views under $600 a week and still to be able to afford a couple of investment properties. I think you can rent in a 'nicer' suburb, even with a backyard for the kids but if you're sacrificing amongst other things a...

I think you make some good points Bon, but Sydney will always be popular IMO despite affordability pressures. More out of convenience a lot of new migrants settle in Sydney and with family ties decide not to move elsewhere. This in itself has put considerable pressure on an upwardly priced...

We have a fairly strong economy backed by strong demand for our exports and a good banking system and i don't see any of this changing in a hurry. Unless there is a sudden spike in unemployment and a mass exodus from the RE market i don't see prices falling too far. I agree with marg that the...

Congrats Gordon, it looks like a very solid block and a nice two bedder that should be popular with tenants in the future especially if you put some money into it. I like the look of some of the neighbouring suburbs of Cronulla, Woolooware, Miranda etc. i think if you compare it to some of...

Finding out the quarterly strata levies is an important question to ask, usually with the lift in bigger high rises you will be paying more. I don't think a 3 bedder at 415K is unreasonably low in Parramatta although it does look like a newer block so you might have to ask the question. I...

Reality, i dont really think you can go too wrong with any option to be honest. If i had to choose i would recommend something like option 2 or 3, start smaller and build your way up, not all your eggs in one basket so to speak. I bought in Sydney in 2008, had 100K deposit and with the...

Maybe something in the Ryde/West Ryde/Gladesville area or even smaller closer to the city (might have to be a studio!). I would keep a look out for something in Ryde that needs a bit of work and is quite big. There are not a lot of big units in Ryde and this could be a good selling point nicely...

Nat for a 2 bedroom unit at this price range i dont think you would be getting much, even in ryde which has definately moved in the last couple of years a basic 2 bedder would be late 3s. It still might represent a good investment with the rental demand, proximity to the city and new...