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I would agree with all that. I think it's very important to understand the urban structure of the city you're buying into. The best way of doing this is to understand your own city in detail. General trends like first homebuyer families on the fringes, older people and higher...

Listen by all means, but I woudn't put too much weight on this. There have been many areas that locals have despised but have gone on to produce good capital growth. Read Karina's story for a good account of this. And the best 'cheap areas' have gentrified and produced outstanding growth...

I'm not sure about that. Assuming (i) their due diligence efforts were of equal quality in both cases (ii) the buyer could only afford outer suburban or regional city IPs and (iii) the purchaser was buying in 2003 It is very likely that the person buying in WA will have enjoyed...