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Well That's your opinon Martin and you are entitled to it. As I have already said I am not really even in the market for an IP right now. What I am doing is learning a lot about the thought processes of those who are more experienced than me from reading about what they do and how they...

That's Right! That was the idea :) Where and Why?

Maybe I should re-ask the question. It was: Where would YOU park 200K?

Thanks for your response! Not much to look at there for less than 200k IMHO. Would you even give it a second glance if you were not liviing in the ACT?

If you ever do give up the day job... You should seriously consider a book! Good Luck!

Minor Renno Which is why I said minor renno. I would not consider a big renno for the same reasons you mentioned. I am not hoping for any particular answer. I am simply asking an opinon of those who post here. The vast majority of those posters have more experience in investing in...

Keep em comming! Any others? What about regional areas? I think enough has been said about Elizabeth already but even so most of the price data on that thread is already well out of date. Anyone got any comments to add about Melton VIC?

If you were looking to buy and hold for the long term with the possibility of some minor renno required , where would you spend 200K on an IP?

Thanks Thanks Steve Guess I will concentrate on paying off the PPoR and put that one down to experience when it comes time for the next property....

I guess I made a classic newbie mistake when I didn't do this from the beginning! I now have approx 100k of debt on IP worth around 230k and 270k debt on new PPoR worth approx 400k. The investment loan is on a fixed rate for at least the next two years (I think it is somehwere around 2.5...

I agree that the population demographic is changing around Goodna in particular. I was thinking more along the lines of closer to the Ipswich CBD. Prices seem higher than where Elizabeth is at now but with the comparative population growth of each area I am thinking that Ipswich might be a...

FREE CASH! After reading all of the Elizabeth thread (it's really good BTW) what about something similar and up to date on Ipswich? It is the SEQ version of Elizabeth after all! Any discussion/opinions are much appreciated!