Hi All I have been reading through this forum and I am very impressed with all of the very informative posts. Keen to get your opinion on a question I have running through my mind. I have a decent townhouse in Adelaide and a house on a 600m2 block in Banyo, Brisbane. Looking to get into Melbourne to have exposure to one of our two major cities. Budget ~$700k (max $750k) @ 3.25% yield. Long term capital growth play but don't want to go too low on yield. Should be ready to buy within the next 2 weeks. I have been advised to try to get a good sized block of land (which would mean further from the CBD) as opposed to a townhouse closer in. In particular, Frankston and/or surrounding areas was mentioned at my price point. Proximity to the beach and transport links sounds appealing. Just running a poll to see what you guys think regarding getting a good size block of land near a beach but a lot further out vs a townhouse closer to the CBD. Happy to hear any advice that you might have. Thanks in advance!