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Both Jingo and Harris makes valid points. I think that if i was starting off i would go with the cheaper higher yield option, especially if you are a normal wage early. To get into a bluechip area would take you years to save a deposit and by then you probably still gotta save more to catch up...

Bas tend to concentrate in the inner suburbs also because prices tends to vary quite a bit. It is much harder for the average joe to value proprties in the inner subs. In the outer subs you can get a general feel of the prices just by going onto realesate.com.au. There is much more stock at any...

One of my reservations about using BA's is the high entry cost in the areas they recommend. For eg: a 500k proerty in an inner suburb is gonna cost you 100k plus stamp duty. If you dont have that deposit now and have to save up then you are gonna miss out and probably cant catch up with the...