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Budget probably $350k-$400k. Probably no more as i think i'd be stretching borrowing capacity maybe? Dwelling type - preferably house with land - possibility to develop in the future. Even if i don't develop it, it will be wanted by somebody else in the future. Yield - anything above 5.5%...

True that. Less borrowing power eh? Guess i didn't think that far ahead. Any suggestions on suburbs that might be good to look at ? I keep looking and looking and not moving on anything and prices just keep going up. I was looking at Chermside, but i think that could be out of question now with...

Is there any way that you could say that you are an owner occupier, but really have the house as an investment, just to save on the stamp duty? How do they check anyway?

Now that it's been over a year since this thread was posted.. what suburbs can you buy in for that budget and not too far from the cbd? I looked at this thread yesterday thinking wow thats cheap, then realised how old the thread was! Thought i was looking on the wrong websites for 'bargain...