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Could be so if they are borrowing the whole lot and want to flip it within 2 years. If it's a PPoR dream home, then they will probably live there for several years, and all will be fine. These areas will be the next Glen Iris (well, not quite, but you get what I mean). When I was a kid, we...

Don't know much about either suburb, but if you are buying as a PPoR it doesn't really matter in the long term for the cap growth aspect (well, yeah it does, but you get what I mean). As an IP, I'd be looking at it from the cap growth aspect as well. Also, land has no rental return and no...