I have been thinking to buy an IP here and currently been living here for 6 months. Australand has like a ton of apartments set to be gradually released over the next 3-5 years however their strata levies look to average about $1200/qtr which doesn't make it as appealing for an IP. There are some other developments coming up which have less facilities with levies of about $500-$600/qtr. But with so many blocks coming up will prices rise in the medium term with good capital gains? Anyone who is an expert can comment? My other options were either Kogarah or Hurstville. Hurstville seems to be on the high mark now and I'm not sure if Kogarah is gonna develop further than what it already is.