Newbie here and this is my first post , so please be nice Circumstance: Bought our home in SE Melbourne 5 years ago, now worth around 1m. Mortgage paid out and we have about 200k sitting in a saving account. Looking to buy an investment property and doing my research now. Will buy and hold as a long term investment and looking mainly for capital gain. There are two choices currently on my mind: far east suburbs like bayswater or boronia, where I can afford a nice house with big block of land; or townhouse in mid ring like Blackburn or oakleigh. Which one do you think is a better choice? Thank you in advance for your suggestions.