Hi all, I currently live o/s and I'm looking to invest in a 2bdrm terrace in a solid "bluechip" suburb in either Melbourne or Sydney such as inner west+southwest in Sydney (eg: anywhere from Annandale through to Erskineville). Melbourne I'm looking anywhere in that entire inner east corridor eg: Collingwood all the way down to Elwood. The value for a stock standard turnkey 2 bdrm terrace is definitely better in Melbourne at PRESENT. My question is whether the long-term buy and hold dynamics suit Melbourne better than Sydney? eg: My gut feeling is that in 20 yrs time, there will be almost no discernible price difference for say a 2 bdrm terrace in South Yarra vs Annandale. That would imply that over that time-frame the Melbourne market will perform marginally better year on year than Sydney. Am I on the right track or got rocks in mah brain? Thoughts?