For a long term investment, we must look at buying property in the major cities of Australia. In the smaller capital cities, try and stay within a 10 km radius of the CBD. For Melbourne and Sydney, we can go out to a 15 km radius. It is important to understand that we want our property to be in a built up established area so when the economic downturns do come, we have our investment in a solid area, and not out in the mortgage belt which will suffer the most.
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ah at last, I found this post once more. You have few useful tips for my school project. Now, I won’t forget to bookmark it. 🙂