Well I have been bitten by the “analysis paralysis" bug...... I am ready to go for my first investment property and have been reading this forum daily for the last couple of months. I have changed my mind more times than my underwear and have read every piece of statistical data I can get my hands on Basically I am looking for an IP around the $330k mark. Chasing capital over the next 5-7 years gains but trying to keep it cash flow neutral. I have narrowed down the state to QLD.... that was the easy part! Being from Sydney and my first IP I am trying to avoid too much renovations. For the last month I have been looking at buying a house along the Gailes - Ipswich corridor. 4/2/2 in Redbank Plains for $320k on a 400-600sqm block. Similar to this 26 Chetwynd Street, Redbank Plains QLD 4301 - House For Sale - 2012636707 But after talking to a few PC members its evident that there is a lot of land in the area still to be developed which may delay any capital gains for some time. I have now been following some advice from @sash and looking at townhouse/units closer to the Brisbane CBD for around $330k. I found it interesting that even though you have to pay strata costs the holding costs come out almost the same. Here is an example of one that was posted somewhere else on the forum 2/93 Albert Street, Camp Hill QLD 4152 - Apartment For Sale - 2012702695 I am aware that there is an oversupply of units in the Brisbane area. However I would be sticking to smaller unit/townhouse blocks. 7-10 per block. HTW reports says that units in the Brisbane area on the decline but I am not sure if that would include these kinds of properties 5-7km from the CBD. Basically I am just looking for any advice on my thought process and the direction that I should be heading. Thanks in advance!