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As you say inner-westie time will tell. You now have good equity in your property, if you think Sydney is overheated why not borrow that equity out and buy Brisvegas or somewhere else and get some diversification happening. I hotspot because i don't want the situation you had with no...

inner westie i think u may be a bit off the mark there but time will judge who is right, I live in Melb and we have enjoyed massive growth in Melb metro in 2007 and again in 2009, 2010 has started out of control, 30%-40%pa growth in some areas based on like for like sales 12 months ago. I...

Propertunity, I missed out went for $30k over the limit I set, how did you go?

Cheers Propertunity, Hope we r not competing! I will let u know how I go on the weekend!

I made a few visits to Sydney last year and decided on Inner West as place to buy. IMO it is the Hardest place in Oz to buy in terms of agents, auctions, contract rules etc. In the end I have for the first time appointed a Buyers Advocate to buy a couple for me there, they are bidding for one...