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Thanks but as a new investor, building anything at this stage is probably a bit of a stretch in terms of risk for me.

Thanks all for your responses which have been helpful. I had previously been considering only outer suburbs but clearly looking for nearly new houses in middle ring infill locations makes much sense. Satisfies my requirements of maximising depreciation benefits without outer suburb over supply...

Hi all. This is my first post! I am looking to buy my first IP and looking for some guidance. I am keen on H&L to minimise my holding costs given the depreciation benefits (I pay 47% tax) and typically low maintenance costs but concerned that most areas where H&L packages are available have...