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Well done for getting to the stage of thinking about your own property. MsAli and I constantly did 'numbers' / calculations on properties to determine how much the weekly, monthly and weekly cash outflow / inflow. I would suggest you putting together a spreadsheet and doing numbers on...

Pingu, I suggest you talk to other investors who have bought in other areas. I know other investors fly up to places on a Saturday to purchase properties - it is time consuming and tiring for sure. But in initial stages of your investing career, you will have to invest that time, and it will pay...

At the stage Sydney property cycle is at, I would be looking elsewhere in Australia - there are numerous threads on this. If I were you, I would make money elsewhere, and then buy in Sydney when the market stabilises. Don't have a crystal ball on how long this buying frenzy will last - but I...