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I have 2 IP's in the inner west bought just after the GFC in 2009 and the PPOR in lower north shore. I am keeping an eye on the market to actually sell one of the IP's to cash in equity probably closer to the end of the year when there's another interest rate decrease or two which has the...

Oh and for the record, growing up in SWS I sure knew a lot of good people, yet there were also crap load of bad people too and I had a crap load of bad experiences. It's not rainbows and tweety birds out there. Did you happen to grow up there by any chance or are you basing your comments on...

Sounds like you're taking this a bit personally. I should have said to clarify to people like yourself who go off the deep end that at the current market prices of SWS that it is in my opinion extremely risky. The OP is asking whether they should buy a property in SWS 'TODAY' and not when...

Short answer - No. That is if you're buying it as an investment because simply you need to look at the type of tenant that you will get. Ask yourself if you think they will look after your property and keep it in good condition and pay their rent. I know it's a generalisation, but I grew up...