Hi Derek

Thanks for your comment.

You are right. We are not clear as to what's the best investing strategy for us as first time investors with a budget of 370k.

What we are considering is to:

 1.) Claim some tax – which we end up paying combined 20k annually.

 2.) Have a good capital growth ,eventually when we sell in 10 years time, that will help us to pay off our mortgage quickly

 3.) Also something that would give a good equity next 2-3 years to lead us to build our property portfolio.

 4.) And the safest investment option – losing little or no money!

I know we cannot achieve all in one. But cant weigh up which of above considerations is the most important and move on.

We heard Perth will have a capital growth of 22% in future vs Melbourne 3%. Which sounds appealing.

 But for our budget of 370k the option we have to buy an apartment in Perth – 7km with CBD.

 And Apartments sounds risky again..!

Would you personally invest in a Apartment in Perth CBD or would consider other options in Melbourne?u personally invest in a Apartment in Perth CBD or would consider other options in Melbourne?