Finding it interesting that everybody is talking about Brissy and Adelaide, but there are so many suburbs in the northern and western parts of Melbourne that are still priced either below their previous peak or at a similar price. What's everyone's view on Melbourne? I know the yields are a bit lower but north (19-20km) you can still pick up houses under 300k and rented at around the 300-350/week mark. Out west 12-20km from CBD you can still get houses around the 300k mark that are rented about the same. What's everyones views on Melb? Are we worried about job losses? Are we worried about oversupply of units and unsure how that'll affect the housing market or the uncertainty of how so many H&L packages may affect the market. I would've thought spending 300k, 20km from Melb CBD would probably take peoples money a little further than Logan which is 25km from Bris CBD for similar price in similar low socioeconomic areas. What's everyones thoughts? p.s i'm currently out of funds so not buying anything atm, but seems like Melbourne is where Sydney was 1-1.5 years ago.