Yeh, I think everyone is right about Melton. My wife thinks I’m crazy to invest there, with all the exact same points as everyone has mentioned. Not being here I’m just reading articles and researching growth areas that might hit. Everyone that I lives here says stay away from Melton.

We have our PPOR here in Melbourne and that is one of the…[Read more]

Thanks for all your thoughts and suggestions. Im still definitely trying to learn more and more by reading, and doing research a lot to take in, but with all this reading and research. I think I will y learn a lot more buying into a market and learning hands on with properties with as much preparation as possible. But reading from what other…[Read more]

I would like to have a IP with cash-flow positive rather then negative geared. Most likely capped around 400k. We are only on one salary at the moment but we have cash waiting to be spent on investing. If I’m looking at Coburg or Reservoir I think I will have to lay down more of a 20% deposit to make it positive cash flow, and I don’t think…[Read more]