Thanks for all the help guys.

The other thing i'm struggling with is what area to be looking at. I have read alot of things saying you cant really go wrong with places close to the the CBD, and i figure places close to amenities and schools/universities would attract renters. What i'm not sure on though is established suburbs a long way from the CBD. I live in Perth and I have been looking North of the city, Yanchep has been there a million years and alot of new developments are creaping right onto its doorstep, Yanchep has older houses on large blocks. The same is also happening down South, Bunbury was another I was looking at, the new highway has just gone in, and so on.

What are your thoughts? I'm so new to this, I want to make a well informed decision for my investments, my first especially.

Thanks again.