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Done some more online reseraching. Melbourne rents really seem quite poor.... or am i just looking at the wrong places? Townhouses renting for $450-$500 per week. Seems rather low (keep in mind I am from Sydney). Even brisbane yield seems higher.

Thats oc1, thats the feedback I'm after. I've only been to Melbourne twice in my life, 1 was a day trip for work, the other was a weekend holiday with my wife. This to me a is a starting point, I really have no idea what the suburbs are really like. From the sounds of things East Melbourne...

Hi all, I'm looking for some guidance on developing 4 town houses (3 Bed + 2 Bath + 1 Car?? - 90 to 100sqm each?) in Melbourne. To date, my only experience when it comes "development" consists of renovating an existing house and building a granny flat. After reading some of the recent...