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Yup, do some research and get into a market where ever you feel comfortable buying

There seem to be several factors holding BN back at the moment, lower than usual population growth, higher unemployment and a weak or I could a say unstable state government. Working against this is very low interest rates and plenty of people in SYD with plenty of play money looking for a cheap...

It may not, but is might be easier to purchase well without fighting off the herds in a feeding frenzy. The op was taking a long term view and with this in mind it doesn't matter where they purchase much providing its a good deal but I would hate to buy right at the top anywhere, I have done it...

Sydney might be an easier choice for a first investment and this might be the best option but where exactly are you comparing? Qld? Sorry but in terms yield thats just wrong IMO

That's right, just reread the op, Qld has lots of regional markets doing totally different things. I assumed BN as many people from SYD think thats all there is but if the op is unsure about SEQ then anywhere else at this stage in Qld is probably a leap too far

There you go, both sides of the argument. Best to do what you are comfortable with for your first investment

I think its a good idea to have your investments spread out in all the major population centres eventually with purchases in different markets depending on where you see value and opportunities for growth at a particular point in time. Percentage capital growth over the long term is remarkably...