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Firstly, no one is saying you should only target syd/mel because that's where the jobs are. Yes, that's where a lot of them are in terms of both breath and depth. There is a huge percentage of people who will only buy where they work. This is not necessarily the best way to make money; but...

Some of what you say is true. Sydney's vacant land is restricted by mountains and the sea whereas Brisbane and Melbourne isn't really, and couple that with jobs,jobs,jobs in sydney and there you have a recipe for growing house prices. This is what we have seen in Sydney in the past year. A lot...