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Thanks for the feedback everyone, yea paid top $ for it (free standing house on duplex approved DA site) in 05. And in hindsight probably should have invested elsewhere for a better return....live and learn I guess.

Hi guys, Am a newy so please take it easy :) I want to get some insight from you as to why it is that whilst most of Australia's capital cities have enjoyed a return to higher property prices for their investors Seachange suburbs like Nelsons Bay, NSW still lag well behind. Am I right...