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Just read another thread (think it was BigTone) saying it's easy to get caught up in analysis paralysis!

Inner city...blue chips....Paddington etc What you've summarised above is sound...it looks like your mind works itself up into a frenzy when you start to think about where to buy & confusion is the result :) I believe you will be fine. :cool: Regards, M&M

I would go Brisbane at the moment, but others are spruiking the possible benefits of Perth too....just to add another city to the mix....and to your confusion, sorry:o Daniel, I think you are answering your own questions & then going on to doubt your answers to those questions...what would...

Hi Daniel, Good you're looking ahead now as to how you'll move forward when you have eg 3 inner city properties :) I like your positive thinking! You say you know you want an inner city property & it sounds like you're tossing up b/n Seddon, Kensington & Richmond, South Yarra? Ok, so stick...

Thanks Y-Man :) Even if we disagree, it's always good to have another angle on any situation, especially from someone more experienced than myself :) Side st acccess is good & makes up for the main rd thing. Don't know if I'd wanna live on the roadside if there's a tram going 'ding ding'...

OMG, (or, o my lady gaga!) one slip o the tongue/keyboard & I'm strung up on the gallows! Sorry everyone, did not mean to call Car Springs rural!!!!!!!

Hey Daniel, I'd steer clear of the dandenong & williamstown rd ones (some will disagree, but for my criteria, main rd = bad....busy, hard for people to park if eg a couple has 2 cars but only 1 oscp, hard for visitors to park, noisy, hard to turn onto road in peak times). Don't know much...

Prefer Y-Man's selections to the prev one...(lifts possibly = costly Body Corp)

Agreed Monopoly! Hee hee, yeah, sorry, didn't mean to class Car. Springs as rural :) I second your 2% & research...sound advice :)

Hi again Daniel, Re sellers market, yeah, it appears that's the case now. However, if you purchase a good property, (fits your capital growth & other criteria) for what you believe is a fair price, at any stage in the market, you should be fine. I would rather have a solid & proven...

I think your deposit's fine...it's my theory not to pour any more of our money into an IP than we have to...keep it for shares, or other opportunites perhaps? Yeah, I totally get the overloaded & confused thing! Oh...so that's what you meant by just go for it!?!? Makes more sense in that...

Jacko, You don't have to spend $800K in one hit. Have you thought about $400-$450K for a 1br within 10-12km of a major city? NO :eek:, don't just 'go for it', do some research ie talk to people who invest in property, read Australian Property Investor and Your Investment Property...

Yeah, it's a tad aggressive, but we feel that buying blue chip high capital growth properties is the way forward for us. Eg debt $800K, for around $1M properties Fast forward 3-5 yrs & these same properties will have appreciated enough that the $800K debt won't seem so daunting and our...

Hi Jacko18, If you like capital growth & have a buy & hold strategy (like we do), I would strongly suggest buy the best blue chip/s properties you can afford. In 4 or 5 yrs when you get back to Melb & your income drops a bit, you should have had enough capital growth that you can set up...