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I mostly agree with what you said but remember what capital growth time frame are you after (1 year, 5 years, 10 years?). Equity can be manufactured in number of ways: 1. Buying well - below median 2. Adding value - small or bigger renovation 3. Paying some off over time I think that most...

Gee, I will be biased here but all those suburbs you mentioned had very good capital growth (BUT - depending on the time frame!). If you don't mind catching the bus than all the suburbs you mentioned are within very close commute to CBD or North Sydney. If you are after train line than you need...