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Wow ! So, on average, anyone with a house in the Lower North Shore made $180K capital gain in the January to March period only - tax free if it is a PPOR. Nice one - keep on hyping, it seems to be working..

The article says "It would attract $800 a week in rent." - so perhaps 2.8% gross return on the investment. Had a similar return on investment from a purchase a few years back - very painful. But at least that had a reasonable block of land - but a 115 m2 block ? It has to end in tears.

How do you determine this ? I know our properties in Sydney must have had a lot of growth over the last couple of years - but find it hard to do find real comparables because there are so many factors. The SPI magazine that just came out said that the suburb for our PPOR on the LNS grew...

So ..... is there anyone recommending Sydney as a good investment now ? How fare from the peak is it now - another 10% ? I'd much prefer to buy more in Sydney (even with land tax) but the opportunities all seem elsewhere now.