investment property in sydney

what are you investing for? cashflow or growth or both?

how much are you having to borrow for the 300k investment?

for example, if you don’t have to borrow lots and are looking for cashflow positive, here is 10% return with low strata and high depreciation

http://www.gavagnagroup.com.au/pol/property/search.asp?f_propertyID=852507&xsl=2604&f_st=1&f_ct=1&f_ps=2

Sorry, I noticed that it was for an investment property. (not sure what happened with my user name on that last post)

If you go to http://www.investsmart.com.au/ and click on houses or units for NSW and search by median; all suburbs in NSW will be rated by median price from the most expensive to least expensive. If you are after a property that is about average for the area look at all suburbs that have a median price of around $300,000. Something newer, you may need to check median prices that are about 10% – 15% below $300,000 (may be difficult in Sydney though). i.e. at $300,000 you then would be buying something that is superior for the area.

You can then check the postcodes to see which ones are for Sydney.

And then if you want to check the distance from the CBD or distance from any another area that may have shops and infrastructure you can use http://www.nowwhere.com.au/NTI/DistanceCalculator/default.aspx to check the (as the crows flies distance).

FYI, Brisbane presents a lot more options in this price range.