Hi, Just joined this forum as it seemed like a place with a wealth of information! I'm in a bit of a debacle, wanting to buy my first home in this COVID market, looking at sub 600k properties. Three main areas I am looking for are: - Noble Park (Established Unit with big enough kitchen, dining, and 'yard') - Dandenong North (Old, Established Houses) - Pakenham (New House) Wanting to buy in it to live in for a year to get my first home grants and CGT exemption (afaik), and renting it out thereafter. Not too sure what my plans are like in 10 years but I'd think that this home is a home that I can eventually move into should I need to. Otherwise, wanting to hopefully buy 1-2 investment properties and use them to buy a house in a location I'd like (Dandenong North area or any place closer to the city along the Pakenham or Glen Waverley line). At this stage, I'm not even sure if that's possible or not, or merely a pipe dream. Currently living with parents, but might rent a room somewhere close to the city depending on my job/lifestyle needs. No pressure to move out at the moment, but I'd likely do so within the next 5 years. As for my thoughts on the suburbs: Noble Park - Seems a bit close to Sandown Race Course. I can hear the noise from where I'm living in Dandenong North. Not too much of an issue, depending on how frequent they are.Trying to get hold of the calendar at the moment. - Close to the train station. I foresee myself going to/from city as I quite like going out to explore new food places/bars. Might help with rentals too, although, again, a lot of units coming up there. Possibility of renting out room by room? Can't see this being such a viable option though. - A lot of units popping up there at the moment, and tenants seem to be of lower socioeconomic status. Unsure of how this will change over the next 5 or so years. Seems like vacancy rates are at 2% in Oct up from ~1.5% a month ago according to SQM research. - Nothing much in Noble Park itself. Shops are okay, there's a Coles there, but no redevelopments as far as I can tell (& there hasn't been much activity in the last 5 years in terms of commercial developments afaik). I'm probably better off going to Waverley Gardens (which is quite near) for my grocery needs. - Mainly units. Very hard to find a house here with that price. Appreciation for units afaik is usually half that of houses, unsure if it will appreciate much in this market and with new ones popping up. - Still accessible to M1 and princess highway, although not super close afaik. My road knowledge is not the best. Dandenong North - Not close to train station - Landed properties with generally higher appreciation, but lower rental yields. Not too sure what kind of demographics I will get for renters but, - Vacancy rates relatively stable ~1.7% I think, so I guess purely data-wise that's relatively good news, although probably not a good indication as SQM research data covers the whole postcode, including Dandenong and Dandenong West, South as well - Close to M3, M1, and princess highway Pakenham - New house, cheaper, landed with average growth of ~5% over the last 10 years, comparable to the other two suburbs. - Surprisingly very low rental vacancy (0.4%), and has been that way since the past year or so. Unsure of how this will change with many developments currently going on there at the moment. - Not somewhere I can foresee living long-term at the moment, although I am sure I will settle down and might live there if I have a family (can't foresee this happening until 35) once I get over the fact that it is very far from the city, as it has shops as well as Asian grocers. Considering my goals from above, what would you do? Happy to consider other places too. Apologies in advance if it is a bit confusing. Happy to elaborate on any and for you all to pick my brain!