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Void, PM me and I'll give you the names of 2 nearby suburbs with stronger growth history (8% and 25% better), upside, and IRR than Beachside's IP And along with Beachside's advice about locals being the last to see what's unfolding under their nose, I'd add beware of investor self interest...

= Depression Bay IMHO, the fundamentals are stuffed and will remain so for another 30 years. A bottom of the rung socioeconomic region can't move up unless something changes significantly in the fundamentals like - major new employment centre nearby - major retirement locus - massive...