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Thanks for the advice. If my budget is around $500k, which suburbs do you reckon I should put the money to? CG growth is the top priority. I don't have any preference that whether it is an apartment or a house. I don't mind to get my hand dirty to add value on it . BTW, which suburbs are...

Western Sydney?

The bridge wouldn't help much I reckon as it will only allow local buses and pedestrians to use it. Moreover, its completion is still uncertain.

One of the reasons is that I can benefit from FHOG and stamp duty concession. As I said, it is due to the transport, nearby facilities, close to big shopping centre, prospective growing population, etc. in Rhodes. However, what worries me is that it could be oversupplied in the area in future...

I stopped finding IPs previously for some reasons but I've resumed. I'm looking for some units or apartments for my first IP or PPOR. There are a lot of OTPs being built in Rhodes. It seems to me that the area would be further developed with community facilities, parks, transport, etc...