Hi there, I am looking for some advice. I am at a stage where I am ready to invest in my first investment property, I?ve spent a bit of time reading books and checking this forum for days on end. However I am still very confused as to the exactly area I want to be purchasing in. I am currently thinking Brisbane, I have come up with this as I think Sydney is already at a peak so buying right now might mean that I limit my capital growth, until it booms again, or it might just bust. Melbourne is following suit, however still some potential in the western suburb, Brisbane has definitely not seen that much capital growth in a VERY VERY long time, so maybe I buy now in the hopes of it growing in the next 5-10 years. Im planning on a buy and hold model so I do want something that is low cost and low risk. I am familiar with all those 3 areas, lived in Sydney before moving to Brisbane (where I grew up) and am currently now living in Melbourne. So I have concluded Brisbane. My budget is tiny in comparison to some of your budgets. Maybe 300- 350K. I don?t want to invest too much for my first property, keen to have a low risk/low cost profile. The suburbs I have narrowed it down are as follows and all have reasonably low vacancy rates: 3 bedder houses in Woodridge or Beenleigh; or 2 bedder units in inner city (Annerley, Albion, Cooporoo) (note I grew up south of Brisbane the area I know best) I have considered some suburbs like Melton south (which I note not a lot of you have been fans of), Werribee, Hoppers crossing in Melbourne too. Any advice on my approach would be highly appreciated!