Just wondering if any of you are interested or have opinion on surfers? Personally I'm not interested in investing myself today due to my limitations and the fact it is not in my strategy what I mention below. Not talking about buying high rises in fancy hotels or nice multi million waterfront mansions. More in those older 2 bedroom apartments (usually not over 2 storey) on streets such as peninsula dr etc Had a look and a lot are selling in low to mid 200s with some sold in recent times for even 190k BC can be as low at $30pw and rent seems to be around the mid 300s so really seems to be cash flow +. Did live on penisula dr for a short while and seemed like it was full young backpackers/working holiday visas etc so there was a high rental demand though turn around would have been high (6 month tenancy contract usually only last 6 months without extensions etc). They werent too picky with conditions (eg air con etc) though wouldnt be uncommon for each room to be occupied by 2 people. This streets also been hunted by developers who are trying to build high rises. The place i was staying was been targeted by developers with my old neigbour (owner occupied) telling me he had been offered 450k in a contract with some type of clause that it is only effective when all in the complex sign over. Doesnt seem like a bad investment considering its cf+ and there is a cg potential when developers want to build up. Any opinions?