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I agree there would be places like that in Qld-Nth Nsw,that have been like that over the years,but it would be hard to find something in the Qld like that now,all have had good CG over the past 8 years,and assuming the valuation stacks up,they never stay that down for long, not everyone wants to...

The only question to ask yourself is and i know that a few in this site have seen several downturns from their posts,myself i have been through 2 recessions- high interest rates-nil CG over several years, but i have never seen property become virtually worthless,but the market these days is in...