Hi, Been sitting on sidelines for too long now, I think I've started reading about RE investments back in 2005 (joined Somersoft forums etc.) and guess what, still haven't bought anything! Still kicking my head for not buying in Sydney in 2010-2012, started looking back then, but all the doomsayers talking that world economy will crash etc., scared me again. Well, cost me a lot of money doing nothing in the end. Long story short, I need to do something with the money/equity we have accumulated, they are not working for us sitting in the bank accounts these days. Currently have ~$500k in cash and PPOR fully paid off, worth ~1 mil., no other debts, saving ~$80k per year from our salaries. So, what would you do in my case? Buy interstate like Melbourne or Brisbane as Sydney is too hot methinks at the moment? By the way, I'm not that keen on buying in other states as I don't know those areas at all, so big risk of buying in crap areas, plus I would need to take annual leave to go there for a week or so to open houses and so on.. Any help is appreciated.