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close to shops? schools? public transport? community facilities? a river instead of a beach? Forrestfield is not my kind of place to invest for resi - comm yes - but resi i htink your money - in that price bracket - is better spent. but again, that's just my opinion and...

i remember Rixter telling me that some people freak out when he says he has "0" income...

HELL YES!!!! Ashfield (thanks Linda!!!) is an awesome buy.

Kelmscott is undervalued IMPO. get in around the new train station and you'll see value - esp in the R25 area with a 4x1 or 4x2. serious lack of supply of 4 bedders in this area.

cashflow AND growth are both important - couldn't agree more. so fund the high growth, low yield property with the low growth, high yield one - x-col them and be done with it.

i think a few people have missed the point here. you invest for cashflow, or you invest for growth. once in a lifetime you get a chance to do both. CF+ property provides cashflow - similar to the investing style of RK in Cashflow Quadrant - and any growth experienced in a CF+ property...

people from bunbury who work in mandurah? people whoe work in collie or harvey or bunbury but want a more beachie and convenient lifestyle? the fact it's a satellite city now? what about the families? not everyone can afford to buy.

if you can justify it by it fitting into your investment criteria, then why not? i like IPs within 400m of a train station (to take advantage of the "Network City" zoning that for some reason no-one knows anything about) and close to amen's + schools. oil's on the up and up - public transport...