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Thanks for the advice so far. In regards to the rent, the area im looking at is Footscray/West footscray, so im really going for CG. I agree the rental returns are not high, however after doing research, it seems that's around the price i would probably expect. I calculated the net yield and it...

I know this is a very individual thing and depends on many circumstances such as income, area of investment..... However i'm grappling with how much to invest on my first property. Any advice/personal experience would be greatly appreciated. Ok, so i have -a deposit of around $40,000 -yearly...