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Thanks for all the replies guys. After much deliberation we have decided against it. There were too many "ummms" about it for me to be confident enough in going ahead.

Still not too sure. Heres the pickle I am in - 1. I found this place (town house) next to a cemetry but the numbers are really good, sometimes I think whether its too good to be true. My biggest concern being, will I be able to rent it out for a rent equivalent to the rent in the same suburb...

Thanks for that guys. Had a read of the other thread as well. Unfortunately hasnt swayed my mind either way ! Lol. Still not sure. Numbers wise this property I found stacks up neatly. The only concern being is I am not sure how long this property has been for sale and how long will it take...

Would you buy an IP near a cemetry ? Like if the back of the property was across the road from it ? Would you say it affects the rent or value?