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Sorry Mate, Main point of my post was get some insight from locals on the suburbs that have the Character houses and are sort of close to the city. I like houses not too far from the CBD. Regards Arthur

Article in News re Population http://www.theage.com.au/national/pressure-grows-as-melbourne-rockets-to-4-million-20090423-agt5.html MELBOURNE'S population is growing on a scale not seen in Australia before, swelling by almost 150,000 people in two years — mostly on the city fringe...

Budget is flexible from my end Just going to check out the rental returns for your suggestions. Did a quick search on realestate.com.au the houses are just the sort I am looking for, thanks for the tips, just beginning my research into Victoria so I appreciate the suburb tips...

Sorry don't know Vic that well , but I want an investment property there. I think there is huge potential there. Looking for house 10 - 15 km from CBD that are character homes. I like bungalows. Price Range 400k - 550k. Areas that have biggish blocks say 500m2 and over. Close to...