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There is no skill in buying the right sized block just anywhere :eek:. We are pretty picky, so it can take some time, but we prefer the better areas with decent CG and amenities. In an ideal world we would buy suitable corner blocks, but in reality they don't come up that often. I'm happy with...

Yes, inner CBD blocks are too small. Yes, absolutely the flow on effects (or ripple effect) from Sydney.

We've been doing these in Newcastle for some years now. 2br 60SQM granny flat in Newy would achieve approx $320/week yield. House on land as the initial purchase (before the granny flat build) would be just under $450K. On the Central Coast same thing $380 - 440K in the northern parts.