Hi, Spent the day in Ballarat today and went to 12 OFIs. Looking to spend between $250k and $350k on a first IP. Was not attracted to many of the homes I saw, needed a lot of work, and while I'm sure there's money to be made, not something I can commit to at the moment. The last house of the day was a property in Soldiers Hill, 1km from CBD and train station. Nice, quiet, tree-lined street. Brick home, 3bed, 1bath, period, art deco, perfect condition on 461sqm. $350k. Rental yield estimated between 4.5% and 5%. Interested in people's opinion of the area and Ballarat in general. Realise Melbourne is probably got more potential for CG, but happy to hold for a while, and play safe with first investment. Thanks in advance.