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a coat of paint and some new carpet can cost less than 5k if your prepared to paint yourself. this brightens up a house heaps and for bugger all. i think your perceptions on some things maybe a little off because i recall you saying something along the lines of a vic park property you looked at...

70-80k is a whole lot of renovations, must be unrentable??

Western Australia has been the backbone of the Aussie economy in recent years. Most of the major iron ore/gas mines have long 20year+ lifespans and during that time I'm sure more deposits will be found. The world is constantly getting bigger and resources that WA has play a big part. Sure we...