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I gather young Nathan isn't someone who bought pre boom and then cashed in. He bought his most recent property in the last week or so - see his other thread Antoinette. It sounds like a great buy. He has a strategy and he's sticking to it.

I'm looking forward to revelling in Tor's humour. No sign of it yet. Unless he's being terribly ironic and I'm missing it? Scott

My nephew is 19. He bought early this year - 3 bedroom home in the western suburbs on a 600sqm+ block for $200K. It was a place that he can easily afford, but he doesn't want to live there. It rents out well and doesn't cost him much to hold it. He's punting on the place going up in value.

Wow, we have a new player - Tor. A high income, martial arts world champion with federal police clearance, interior decorating skills, and a yearning to get his electrician's ticket. Welcome to the forum, Antoinette. As you would expect, many of the people on a property forum tend to be...