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I read your post literally. Context is sometimes lost in text. My apologies. I'm with you there. I like Geelong but for an investment I'd go for Ballarat too at the moment.

I think Jaggannath is under the impression that white collar workers don't slum it on public transport :rolleyes:

I'm not liking Geelong's prospects. I understand the theory behind buying 'counter cyclically' but you want to buy at the bottom. You could see some price dropping or at least stagnation for a few years until things perk back up meanwhile your money would be tied up when it could have been used...