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I stopped buying in Melb 3 months ago, right or wrong who knows, but I have already made some great CG. The rents for me in Melb are way too low for me to continue purchasing. Have just started purcashing in Sydney and central coast, I like the market, yields are still good but you need to...

This scenario reminds me of the boom days in Perth when the market peaked. RBA meet next week, be interesting to see whether there will be an IR increase and if so whether this will effect Melb market. What do you all think? There may even be some opportunities to purchase if the market...

Sydney is what I am targetting, its now catch up time.

The market is possibly overheated, but who knows, I stopped buying about 3 months ago. When I started investing in Melb in 2007 and early 2009 I thought it was ridiculously cheap compared to Perth, I still believe this to be true. Cheers, MTR