What are your thoughts for an investment property in the Woollongabba, West End, Highgate Hill and Dutton Park areas? I'm considering to spend $800k on an investment property (can go up to $950k and a bit more). This would be for my first house - currently still living at home and am in my mid 20s. My aim for purchasing an investment property would be for capital growth and will hold the property for the long term (aiming to hold the property for 30+ years). I'm hoping that when I buy my second property or when I start a family, this first one will assist financially. I don't mind having lower rents. I'm more looking at Woolongabba as it seems a bit cheaper than the other 3 suburbs. I'm thinking this area because it's in the Brisbane State High School catchment area (I realise some parts of Woolongabba are not in the catchment - I'm only looking at properties that are in the catchment) and it's close to the CBD. Also in my mind is the early planning for a metro subway system - I have no idea as to whether it will go ahead, but if it goes ahead the properties should increase substantially there.