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The cashflow isn't positive but after depreciation it is very close to neutral so it doesn't cost much to hold and wait. The thing is I don't know much about developing and how much effort/money it's going to cost in the Melton area. Would be good if any Melton members have done it recently...

Hi all, I'm looking for advices from experienced members whom could guide me into taking my property portfolio to the next level. A bit of background on myself: I reside in Vic and currently have 3(4) properties. First property (a unit) in 2006 with a sibling. Second property is a house in...