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And yous want to change the post code! right! Never! You cannot run away from your roots. Minchinbury is the product of The Druitt. You cant choose your relatives. lol !

LOL. Yeah he was an owner builder, who had more money than sense. The contractors just took full advantage of the situation.

$370pw is a bargain. You wont find that now. No, I dont mean you or skater lol. I have spent some time in your area(s) and I have noticed trouble makers (just like any other area I suppose). BTW, I know a house in your area that cost nearly 1 mil (house and land). Multiple ensuites...

Nearby? Only thing nearby at that price would be St Marys. And thats like going from the fry pan into the fire lol! Nothing in Minchinbury or St Clair at that price. These areas have alot of riff raff as well. Sometimes people are willing to pay extra to stay close to family, school and...

Fair comment, but dont forget to mention you will have pay a lot extra $$ for the nicety.

I see little risk in buying a fibro house. Might need painting every 10 years. Always keep it in tact. I never drill or sand into it or damage it. Mind you when I was a kid I used to use it like chalk on roads etc Also if you demolish the house there is the extra cost of dealing with the fibro.

Capital Growth is the $64000 question. CG has been slow in this area. But I have noticed it goes up in spurts. Real Estate.com. au shows a house in Whalan for $239K, which seems cheap but you have to check it out to see why. I bought a 3 bedda fibro for under $80K in the 2770 area in late...

I'll have to get back to you on that. I need to do the sums . Can't do them now. But look its gonna be close.

I think its positively geared. You get $300+ pw rent. Say $250K purchase price ( but I reckon you can get cheaper with haggling). Well thats 6.2% gross return. You get 5.3 % on 2yrs fixed.

Aaahhhh....Whalan. One of the better suburbs around there. close to shops station and M4. Fibro is relatvely low maIntenace. Try to buy it for around $230K if poss.