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Well mine is 2 x 4br dbl storey attached townhouses size 150 m2 each, plus the original house at the front of the block, I have 5m side access. You'd want to look for something with at least 4m to be safe. Building costs are higher there, around $1600 per m2 plus for turnkey.

I bought the house a year ago so had no trouble renting it then. I think this region will be up and down as far as rental vacancy/ demand goes, you just have to ride out the bumps. It should tighten up again in next few months...

I bought established house 350k on 1012 m2 block currently rented for 850 pw furnished, in Miles one dwelling per 300 m2 is allowed. Building 2 x 4br dbl storey townhouse development at rear of block, due for completion mid Nov. Going to rent them all out, maybe sell one in a year or so.

Yes I would steer clear of developers myself, although I own a house in Miles and currently building 2 townhouses on the block. PM me if you want an interesting report on Surat Basin recently done by MacroPlan Dimasi, (a multi-disciplinary team consisting of economists, planners, researchers and...

that is a pretty good price for Miles, how much under 400k is it? what size is the townhouse?? and Strongy, land is not cheap in the Surat.

Depends where exactly, but Surat Basin is a good place to invest, avoid buying from developers however. Look for an older established house on a decent size block with subdivision/ splitter potential.