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I would be interested to hear what others think about the current Ballarat market also.

YPG, what a great tip. Thank you so much for that.:)

Ahhh but how to find out which places don't flood and who the desperate sellers are :)?

I recommend Scott too. He did a great job for me.

Wow, congratulations. You must be thrilled. Great to hear that your choice has done so well for you.

Thanks for getting back to me with more info Shady. So how rough is the area? The houses I have had a brief look at on RE.com all look fairly good but obviously without going there it is a bit difficult to really know. Is this area starting to turn around? So many questions, sorry. As for...

I really appreciate all of the input, keep it coming. Lots of heads are better than my very green and naive 'one'.

That is what my husband said, inner city feels like a better choice. I just wonder about the potential for strong CG. As we are at the very early stages of building our portfolio I really feel that this next purchase needs to be a really good one. First one I just sort of felt like we needed...

So this all sounds really interesting. A couple of quick questions, how do I find out what the biggest growth areas in Sydney are, and how do I find out what areas are experiencing infastructure development? I really appreciate you sharing your thoughts

I guess this was my thinking, that inner city would always be in demand for rental, especially in Sydney and I assumed (with my obviously very limited knowledge) that the CG would be fairly consistently good. Very good point, probably not always the case but generally speaking I agree with this

Thanks Jacque, I think the above comment is so valid. I guess my question is, how do you pinpoint those ugly ducking suburbs right next to the expensive ones, especially if the area in question for me (Sydney) is completely outside of my knowledge base. The place is just massive. I feel I...

This question is really something I would like to hear everyone's thoughts on. Or is it too broad of a question? I'm wondering if going forward with slowly building our portfolio, whether we would be better off buying blue chip properties close to capital cities but most of the time I would...

This is great everyone, thanks for all of the responses. Mt. Druitt seems to be popping up a bit. Why is everyone so keen on it? I know nothing about Sydney so your thoughts would be really handy. Is it close to rail, how long to get into the city. Is it a family suburb, lots of units...

hey thanks for that. Someone else had mentioned Mt Druitt to me, I might need to check it out a little more.

Okay after my Lakemba thread and the many strong opinions against, hehe alot of people mentioned looking out west with my $350-$400k budget. If the criteria is for something close to train stations for easy city access, prefer a house, but wouldn't say no to a unit, would prefer nothing too...

That townhouse looks nice, what would something like this approx sell for? Where is Wattle Park exactly? Outer suburbs of Sydney? Yes I am in the ACT and I actually live on the southside. Broker didn't see heaps of growth coming up for Canberra and I'm inclined to agree to some extent.

Mentioned Lakemba to my husband and he nearly spat his drink across the table. Ouch. Looks like Lakemba is off the table hahaha.

Thanks so much Jacque, what great info, I really appreciate your effort. All of those houses look fairly good. So the 3 suburbs for houses you think might be worth a look are Riverstone, Quakers Hill and Seven Hills. Would love to know what other's think. I actually look at the ad for...

LOL, I will definitely slow down. I can be a little over zealous at times. I guess I feel like I need to get my teeth into some research of markets over the next month because I am coming into my busy season, well it's always busy but crazy season I guess I mean and pretty soon I won't have...

Okay I've just come from my mortgage broker and I definitely have up to 400k to spend. He agrees this next property is crucial to my portfolios growth as I am running out of equity. I've got my PPOR and a 3br IP in Melton which will be a slow burner I guess. So this next IP needs to get me...