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Thanks for the responses! I am a born and raised Perth-ite hence why I have been looking here but am thinking that I might need consider other capital cities. I am really unsure where to start looking in other cities so any suggestions would be much welcome! Thanks for the tip on Momentum...

Been reading this forum for a while as part of my research into buying a second IP in Perth but first time I have posted... Bought our first IP in Perth this time last year and keen to go again. At this stage, strategy is to buy and retain for capital growth. We have up to $500,000 to spend...