I am totally new to this, and have spent the last three days looking all over the posts on this site. As someone was saying, the renovation boom would seem to cease as people look for +ve cash flow properties. I feel that while properties are increasing in value quite sharply,(especially in QLD), this would create a swarm of new renters, unable to afford the deposit for their first home. If property value were to taper out and recoil after such a steep incline, would this not then create an opportunity to purchase again, and maybe revert back to the renovation craze?