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I have a rental in Newtown - Lots of rent growth in past 5 years and 'touch wood' never had a problem tenant. Cashflow +ve in 2 years and I am now starting to see capital growth too. Its not necessarily the suburb, just the part of the suburb. Stay off the main roads - and there are some nice...

Got an email from my property manager in Toowoomba yesterday. They are desperate for rentals in the $250-$350 pw range. Looks like there is demand if you want to buy in at that level