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G'day kevmeister, You say borrowing $755k or even $300k would scare the shyt out of you. Then that leaves nothing for Sydney investments. Melbourne would be out of your limits too. So now we look around else where. Newcastle prices have gone through the roof. Wollongong's unemployment is...

G'day Ruk, I'm on the Northern Beaches, Sydney. I received, the other day, a leaflet on buying brand new 4 bedroom houses in Warriewood Valley priced from $755,000. These houses are two story on virtually no land. Small blocks to say the least. To receive a return of 5.5% (absolute...

G'day Ruk, Try doing those figures to Sydney or Melbournes negitive gearing properties, you'll crash big time. Huge monies are needed to purchase properties here. The rents go anywhere near covering the costs. Shame really I would love to buy Sydney property for bush prices. Bruce G...