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Because 2-3 houses totalling 650k gives you tenants in the mortgage belt, and those that suffer most in a downturn. And 2-3 times the bills and hassles. Not for me. But cash flow isn't an issue for me either.

I have properties in both areas. Mt G has outperformed last two years. I think it will continue to do so until the Eastern Corridor really starts moving - development of the old Myer site is underway now. There are quite a few small unit developments coming online in the greater Mt Gravatt...

Greenslopes was 1.8% vacancy last time I looked. It's an interesting area, and currently quite diverse allowing for some value buying. There is still a fairly large poor constituency, but limits on development with character housing ovelays etc mean many parts of the suburb can and will...

I just bought a renovated 5 bed house in Greenslopes for 700k with a 4.78% yield. I think Greenslopes has been overlooked a little, but will be next in line once Woolloongabba and Buranda is done. I wasn't quite ready to buy but thought this was a bargain, so went 95% LVR to get it. I'd buy...