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Thanks for all the information everyone. Very helpful. My dilemma - House rent is about the same as a townhouse in that area, yet the mortgage is so much more. I know the capital growth would be way more, but not sure I can stomach the cash flow difference at this stage of my life. We'll see!

Some really useful stats there Y Man. I wouldn't have thought to look at that particular data set from ABS. What about that there is a lot of vacant land near Epping?

Situation: Looking to buy IP2 around $350k-$450k (hopefully the lower end) in Melbourne. Long term hold for capital growth. Question: Which suburb would you choose and why? I'm tossing up between Hadfield, Fawkner or Epping. I've provided some data to assist. Hadfield: Median price...