Hi everyone, been observing this site and the older sommersoft site for a while.. not very actively but from time to time. the wealth of knowledge is extraordinary. I am actually living in london at present, but back in town for a couple month. I have always wanted to buy a property and two years ago i almost did, but in my hesitation on price (a mere 5k) i let one go in parramatta which in hindsight was a mistake. But Im grateful for it cause i got the opportunity to travel and land a job overseas (cause i was free of debt). I am 32. I dont really have a high paying job (converted to AUD its only 100k before tax). So far I have saved about AUD$180k with an additional AUD$40k in shares. I have been thinking of settling down in the UK and buying a property to live in (probably borrow there with my income) but before that i wanted to buy something in Sydney since I am here now for a couple months. My plan is to buy a either neutral or positive geared property (preferably something with land but open to units too) with reasonable yield (either in regional nsw or coastal). I was thinking regional places like Parkes or coastal placed like wollongong or bateman's bay after reading some posts about the ripple heading out. Coastal is interesting because for $300k i can have a property which i could retire to when im old enough is it wrong to think this way? One option i was thinking was finding a place that's between 250k to 350k positive geared and later in the year when i come back for a couple months buying a separate property regionally up to 200k. With an 80% lvr ($110k total deposit for both property) That would give me enough left over for stamp duty and coverage in case the place isn't rented out for a longer period (a rainy day so to speak). Since i currently pay rent in the UK, my approach will be to find a place there where my outgoings (low interest rates) is about the same if a little higher than my current outgoings. That gives me enough left over to support any Australian investment in case the unforeseen happens. Firstly is my strategy for getting two lower priced higher yielding property vs one property in Sydney itself the right approach? (i'm very new to this and still readying all the posts) The other option is a 400-500k property in sydney (if i'm lucky) Is Bateman's bay a good location? Or Catalina which is right next door? the prices seem very low for the amount of land in some cases. Im just worried about the vacancy rates. Sorry for the info dump.