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Shane, are you saying that some areas are more likely to get these 25% spikes (presumably followed by flat periods), and that you can do better buying just prior to these spikes? I don't know how to time purchases, so I just assume a 7% long term return. Alex

Gato, are you saying that the northside suburbs will always be more expensive than Ipswich? If so, I agree with you. But whether a suburb 'does as well' is a matter of %, not absolute value. So say a northside house is $500k, and Ipswich is $250k now. In 10 years, the northside house is $1m and...

Western Sydney, being generally lower income areas, will be more vulnerable to higher food prices, higher interest rates and a recession. So short term, there may be a lot of pain still in store. However, long term I think it has potential. Where else can you get a decent-sized block of land...