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Very good point!

Y-Man Would you be scared off by the fact that somewhere like StK East has a 51.8% of people renting? or is that counted by the fact that it is harder to supply more apartments etc.

Hi $400,000 plus associated costs (stamp duty), my absolute upper limit is $430,000 plus associated costs, if the holding costs aren't too high. I'm looking north to west of CBD. Townhouses (2bed, 1 bath, 1 car)I have been looking at Fawkner and Hadfield, Oak park, Glenroy (about 13km from...

I understand there are other factors and I have been analysing demographic data, population growth, and capital growth and rental yield data. I only have about $400,000 to spend, but would love to buy in a blue chip area. You raise some good points. If I buy a townhouse, it is in a flooded...

I have been looking for my next IP (in Melbourne) and just cant work out if I should buy an apartment within 10km from city (of which there a many in the suburbs I am looking at) or a townhouse 10-15km from the CBD. I wouldn?t mind talking to a Buyers Advocate, someone who can help locate a...