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Thanks LoneWolf. I just want to ensure I do buy in the right location this time. My last three investments haven't returned too much in terms of capital gains. Their rent has gone up each year, but that's not going to get me to retirement anytime soon!

Yes, that's one of the things that has attracted me to Gosford as an investment.

Thanks guys. In answer to your question Spades, the reason I'm thinking about using a buyer's agent is because they're on the ground there all the time. Yes I can go there for a week or so, but they really know the market that they focus on. Also, I haven't exactly been great with getting...

Sorry, I should have specified. I'd be looking at up to $550K for purchase price. I have enough for the deposit + stamp duty.

So I'm thinking of buying another investment property. I'm thinking of either Melbourne, Gosford (or surrounds) or Brisbane. They're all areas hubby and I are thinking of moving to (so over Canberra!) so it seems like it could be good to invest in one of these places seeing as we might move...