Where to buy with $120k (First Home Buyer)

Hello everyone, i have finally decided to sign up and ask for advice about what should i do in regards to purchasing my first property.

I've got around $120k saved for deposit and mainly interested in buying an investment property.

I've been looking at 2 bedroom units in Liverpool, Campbelltown in NSW and the Brunswick area in Victoria. I have also been looking at houses in Melbourne in suburbs such as Caroline Springs and similar, but haven't made proper research and because i live in Sydney, I have no idea which suburbs are good for investing in a house in Melbourne.


Any advice is welcome,
Thanks

 

Deposit on a block of units so you can get the cash rolling in?

I heard @DaveM was looking at something similar to this for one of his clients?