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current owner paid $210k 6 years ago and is in VIC. Rental grew from $250/wk to now $335/wk. ROI 7.6% on listing price. Agent is 1-2 suburbs away. I think buyer are attracted to the low entry price and average higher rental. I think there are more than 5 people living in that property.

Sydney still has land and alot of it. There are alot of rural land in south west and north west corridor, that Government can expand out to. Yes it will expand out to the 50km, but it's still within Sydney. In recent years, Government announced the North West and South West under urban...

Most people buying in cheaper area of Logan are chasing for CF, so they can buy more properties. There isn't many places in a metro area (excl regional) that has over 6% returns, apart from Logan or Elizabeth Downs. Last time I crunch the numbers for Frankston, it was a bit lower which may not...