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BKH, Thanks for the advice. I have a friend who bought a house in Kensington 5 years ago for $160k. It was sold a year or two ago for over $400k. More than doubled in a little over 3 years. And I expect that same house now would be worth around $500k. The trick is to find the next suburb to...

Hi Glenn, Conincidentally enough, this is exactly what I have just done with the regional town I mentioned earlier. As it is quite a large town I also divided it by 'suburb'. It is quite revealing seeing it there in black and white, and it also makes it a lot clearer when a good deal does...

Hi Glenn, Thanks for the advice. But the way the market is in melbourne at the moment, I think it is impossible to get a positively geared investment. Anyone who disagrees feel free to correct me and let me know where those bargains are. :) I am considering buying something in a large...

Thankyou everyone for your interesting and varied replies. The diversity and enthusiasm is quite inspirational. My husband and I are both in our thirties. We are seeing people, like my parents, who are approaching retirement but who are not financially set up for it. I suppose this is...