After a series of disappointing auctions, i kinda give up on buying on the north shore. Anything that goes to auction seems to just go crazy. So i started looking at Northern beaches: Manly to Dee Why, South beaches Maroubra to Bondi, Surry Hills area, Inner west: Newtown to Strathfield and Hills district: Mainly near future Cherrybrook station + Cherrybrook High catchment area. I'm quite flexible as i'm still living with my parents at the moment. I can move in or rent it out, both option is fine. Reason i was only looking at houses is because i feel land value goes up a lot quicker than units even though the rental return might be greater with units, but i personally is looking more for capital gains. However i'm quite open minded and if you guys think it's better to divide up the budget to purchase a few cheaper units i might look into that as well. I haven't started looking at Brisbane yet as i'm very unfamiliar with the market and i remember back a few years ago there was a big over supply of properties there. But you guys are the expert. Cheers for the help.