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You know how it is WA = wait awhile :) No, it would not be fair to say that. Properties that back onto train lines are worth less than those in quiet streets. They are less desirable to tenants also. They want to walk to train but not be on top of it ;)

Why don't you go over there and park the car for an hour and have a look & listen :) http://www.investsmart.com.au/property/profile_suburb.asp?Postcode=2203&Suburb=Dulwich%20Hill&State=NSW Investsmart used to do the last 10 years for free. Now they do the last 2. I guess APM wised-up and...

Nothing wrong with Dulwich Hill, Angela. You can pick up 2brm units in complexes without pools & spas for $420K+ and with probably lower BC fees but the yields are OK at around 5+% for this one you're looking at. GC for units in Dulwich Hill has been +ve for every year for the last 10 years...