Just seeking an opinion on Ballarat for investment. Good rail link to Melb. Agents are clearly targeting the city folk to relocate and commute. New station opened in July to cope with the volume of people commuting to Melb. mixed shopping precinct, and apparently low rental vacancy rates. 11 million being spent on the Eureka Ctre upgrade-obviously to target tourist market. Mentioned by Terry Ryder as a transit town worthy of investment. Property prices however dont seem to have moved much in the past 12 months. Just wondering if anyone has invested there, and whether or not the opinion is that there will be steady capital growth say over a 10 yr period.