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Appreciate all the comments - linking it back to our goals has given us some discussion topics to try and help us make the decision about what we do next.

We do have a more comprehensive goal/strategy. I just didn't want to bog everyone down in the details. The goal of 5million in gross assets is what will get us to the income stream etc. that we want/need. Thanks for your input (!) though it has brought me back to the core of what we are...

We have bought in VIC as well and are doing so for the same reasons you are. I just feel comfortable with Sydney/NSW and I know now is not the time to be buying here. *sigh*

Thanks for this -- this is what I am thinking about and worried about. I like investing in NSW/Sydney because it is where I feel comfortable investing. However, you have hit the nail on the head re: opportunity cost and this is what we need to discuss to see how it plays into our plans/goals.

Hello all, I have spent the last 4 or so years lurking/reading on this forum and not contributing much. However, I am at an impasse. Goal: 5 million in property assets (gross) by 2022 (Currently with just over 1 million in assets) Strategy: Buy property in growth areas, properties that...