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Pravvy, as Paul said rental return is low around here but the reantal market I think is good. Recently we saw houses around the block and couple of streets away got rented out quite quick - within 1-2 weekends (I guessed because they are in the HS Zone). It is a personal decision....but if you...

Balwyn HS is in Balwyn North not Balwyn. Balwyn N is cheaper especially streets between Doncaster and freeway. However, check the school site for the zone...eg only in between Severn and Greythorn. Cheers, Tracey