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moree :o got 30k equity out of it after 6 months and stayed there ever since lol. I was lucky to bought it because the extra cash flow from this property helped me with my other properties. to give you some figures the property in moree I bought for is $117k, for the first 12 months...

Back in 2012 I was looking at St Marys/Whalan/Tregear etc. They were selling for 200k-235k with existing tenants paying 260-280/wk. The reason why I consider there because Syd market starting to boom and I predicted the inner rings will soon overwhelm and people need to start look further, also...

To be honest, unless you are managing your investment property yourself, location has never been an issue for me, lets be realistic, will you be running around to get repair quotes and stand there watching the tradies to carry out their repair while you've got your full time job? annual leaves...