Sydney property market

Hi folks,

I am considering buying another home for my small family in Sydney. Is it the good time to hunt down some bargain? A problem of mine is I really don’t like to live in a house with garden and backyard which require constant maintenance. However, it is really against the investment logic of always shoot for “house with land” in Sydney. Further to that I don’t want to SPEND more than 500K in my family home as I consider that too much a lability for life style. It seems come down to buying only upmarket unit/townhouse which would not sound good from investment view point. What should I do? May be I should simply rent a really nice apartment and paid up on a few 150K property and use them as equity to buy another lot of 150K property to take advantage of the tax benefit.

Any suggestion are welcome.

Regards,

Hiu