if you have money to invest, you should invest where there is potential for high capital growth, in areas that will give you good rental yields, low vacancies. that should be the basis for your criteria, not going for another state because you already own in QLD. if QLD gives you all of the above, and i know some areas like gladstone, rockhampton and ipswich is you should consider those areas.

do you want to make money of your IP#2 or do you want it to cost you $?

good luck!

2 of my friends had dealings with him. they both bought property which turned out to be not what it was said to be. the service was not good too. they wouldn't recommend positive real estate, but do your due diligence. when something is painted too good to be true, it usually isn't. listen to your gut feeling too, but also read ''your investment property'' magazine. it is one of the best with giving you advise with property.