I found one of these (block well over 1200 M2)with house yesterday, (house 40+ yrs of age) in an adelaide suburb that has been until recent been very boyant.... beach side, less than 6 km from airport beach etc etc
the house wud rent well, & the 2 blocks @ 400m ea could fetch 700k (100k more than the total initial cost for all of It!)
Now I know its happening...
