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HI BV, You're not wrong I now think, plus, that better yeilds in the western suburbs will serve the investor's accumulation of properties more speedily, to say nothing of the safety in splitting your vacancy risk. If I had my time over again I'd definitely have taken a different route...

Please elaborate, Cartoon? Penrith, really? Can you suggest some examples as to why you are so keen on Penrith? The 10yr CG for Penrith houses is reported in June's API as a relatively ordinary 6.3%, with an altogether reasonable yeild of 5.1%. I am curious as to what sort of future...

As you know, I live in Surry Hills, and I can tell you - It's as dodgy as Skater notes St Marys is. It's a weird place here: 50% of tenants are in public housing, 50% are professionals in million-dollar terraces. Nor is it dangerous, it's just mixed, and possibly even a bit real for it...

Thanks for that list. It makes me wonder how the current bunch running the state are thinking. Personally I can't see Penrith happening in a big without something serious like an airport being installed there (and a very fast train to get travellers quickly into the CBD, come to think about it).

My bad, sorry! No offence intended. Just fooling around. Wasn't meaning to upset anybody out there. Mt Druitt/St Marys is probably a great place to invest and to live. I wouldn't know, to be honest, as I've never tried either. (Perhaps need to some day if it's as good as you say.)...

Not on my account. If I had may way this thread would be about how to make BV buy 2 properties in Mt Druitt in a month and not sing in soprano! :D

I heard the same about if you have to live there! :D Talking about falling knives, have you heard the one about the Mad Monk and the missing policy package? It's a scream!

If Parramatta is No 2, and Chatswood is No 3, and Green Square will be No 4 (I'm guessing now), where will No 5 be? That's where I want to invest next. Sorry if this is a bit off-topic, but I'd like to catch all the growth (street names also would be appreciated, please BV. :D)