go for land if you want growth. For that sort of price I'd rather something like these.
http://www.realestate.com.au/property-house-wa-eden+hill-105796087
http://www.realestate.com.au/property-house-wa-eden+hill-114397631
http://www.realestate.com.au/property-house-wa-eden+hill-411550695...