Thanks So Much Benny and Others. Appreciate the encoragement. The property I was looking at was in Macleoud which is 25 mins from  Melb CBD. it was 1 bedroom apartments for 89-95000 return in rent was about 210 a week. Whilst to me Te high rental return is a major beneficial factor and something that is quite possibly more important then the capital gain I have been put off/more educated by the comments on here and some other places that have remindered me that u can only sell to a investor if you do wish to sell and that quite often u do make a loss when you sell. It does concern me that u could keep the house 10 yrs for example make 4000 a yr and then sell after 10 yrs make a 10,000capital loss and then u hve only made 3000 a yr. The  good news is I am not in a massive hurry to buy so I can take a bit more time continouue to investigate. My current wage is about 70000 a yr and Incurrently owe about 175000 on my house loan(PPOR) its worth about 320000 so I have a little equity.