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Yes, most of mine are. Mostly for cashflow plays. I haven't had any valuations, as most of them were picked up within the past 12 months. Looking around, in terms of value I find I am paying around $30k more for the same type of product I was buying last year.

If you are going for a cashflow play, you are looking at the right properties. Speak to the agents on each to find out more information. They will generally tell you whether it's legally approved or not. On the ones you have listed: 24 Jindavee is legal 5 bedrooms 63 Adelaide Circuit isn't...

Haha, I was there with three other Somersoft members - could have said hi :) Good location in Slacks Creek, nice brick. Some problems are no garage, the floor is uneven and the renovation was quite rough. Suspect there will be lots of competition on this one.