Thank you for your support, Harold. And you’re right. I’m looking for positive cash flow properties in the environs around Canberra, as I suspect that finding PGP’s in town would be close to impossible. I have used 2 hrs drive as an arbitrary cut off as I need to be close enough to be able to keep control of these properties.

Specifically I was considering such places as Captains flat, Braidwood, Goulburn, the Bay, Bombala etc.

Has any one found a Positively Geared property in this region, or perhaps an area they think is about to go off for Capital gain?