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If anyone finds a development site for $350K let me know, I can't see how anyone can expect to neutral/positive gear a dev site when they are being sold at a much higher price, ie $700K for something with a house that would rent for $400 week max. Have been looking Bassandean, Belmont...

MTR - thanks for pointing out property does not double in price every 10 years. we bought our 2 bed place in 2007, Maylands, for $540K at a time when the market was going mental and you'd see people camped out and lining up to buy new release land. Five years later our $540 property "should" be...

DT - still on the learning curve. Bet you anything I end up buying and holding for CG

Hi Jaylo I am a newbie too, and have been researching and reading posts here. Strategy of buy houses/units whatever and hod for CG was my original idea, but it seems too unexciting. I started looking at development blocks with a house for some income, and ability to develop into triplex. I've...