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Thanks DaveM, that makes sense. So while they say the first home buyer numbers are low, they obviously don't consider the upgraders (second home buyers) who are still buying a PPOR. I don't know why but for some reason I kept thinking of people buying PPOR as first home buyers, silly me :D...

Just another thought, thinking out loud here. If knowledgeable investors suggest that Western Sydney has been blown long time ago and the prices are at their peak, why are the properties selling so quick? I read reports that first home owners in the current market have a very small share of...

Hi Shahin, when you say you can still see good buys in Sydney, do you mean western Sydney or Sydney Metro + Suburban overall? Last year we were looking for a PPOR in Hornsby and my goodness the competition was crazy! Properties went 10-20% above the asking price. We just couldn't compete with...

Thanks guys. Really wish I listened to my mate and invested in Western Sydney years ago :(

Hi All, I'm relatively new to investing or rather relatively new at 'properly planned investing'. I'm wanting to buy a property which will have good capital growth over the next decade so I can use the equity to buy more properties. I only just started monitoring South Penrith and properties...