I am in a similar position except that I purchased my ppor in Brisbane about a year ago and am now ready to buy my first investment property. The ppor has been revalued with a healthy 50k gain and I am looking at different areas for investment.
Some areas of Ipswich give great rental returns with a decent growth prospect over the long term, that is where I have been focusing on recently. Does anyone else have suggestion on the general area to look at for a low (below 150k) priced investment.

Thanks.
Brad.