To take a tangent, I agree with TheFinanceShop's post above, about palings being more appealing than colourbond. That said; which is better from investment property standpoint?

Let's assume on ChrisA1's property colourbond is $900, what would be cost of the palings?

As I understand it, should expect palings to last 20 years. How long does the colourbond go?

To add my few cents to the conversation, I used to live in Wollongong and I knew a lot of people who commuted to Campbeltown for work. (Were these friends nurses? Possibly, I can't remember).

But either way, I do like the position of campbeltown between Sydney and proximity to Wollongong beaches – something which Western Sydney doesn't have going for it!

Just a wondering from my end.

In Australia we hear so much said about investors from China and Japan coming in and buying up Australia. When you think Australians are quite happy to pop abroad and do the same thing, it kind of puts it in perspective with the various standards being applied.

BigGaz, i very much enjoyed your post on risk. +1

As a curious bystander to international politics without any real knowledge, what effect would this have on Australia and property in your opinion Freckle?