Living in WA, we are immune from high property sales at the moment, for eg our median house has just cracked $200,000. I'm pretty sure over east investors are buying up in WA as there are for lease signs quickly replacing the for sale signs. Having a couple of investment properties I would do it again but only if positive gearing cases were presented. We are all smart enough to work out which are good areas and which aren't. We have suburbs which are 5km from the CBD where units can be bought for under $100,000 (2bedroom) and rented for $130 easily and these suburbs have the lowest vacancy percentage. Bricks and Mortar take a look at the graph over the last 5,10 even 20 years if only.
