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It means that your returns will be below par, unless you have some edge or ability to maximise your returns. If you can read numbers it's pretty obvious that apartments in west Sydney have not given the best overall returns in the last 20 years. New apartments even less. And it's no different...

New apartments out west, and just about anywhere else are a suckers game. And if you'd like to point to history, they have been the lowest class of asset out there. That's just my opinion based on the fact that I'm glad I've never bought any in the last 20 years and put my $$ elsewhere...