http://www.realestate.com.au/property-house-nsw-tregear-114426259
"Owner occupier only".. is this a restriction set in place by council to help gentrify the area?
Not sure if this is the case here , but at one stage the housing commission in logan tried to stop investors buying their stock as they wanted owner occupiers in the area . I think they gave up when they found the REA's weren't very good at screening people and some people started buying IP's in their kids name.
Cliff