A house for $60m? Yes please. 2:12

EVERYONE has an opinion on where is the best place to invest in property.

Its one of the great topics of conversation in which everyone thinks they are an expert.

We decided to ask the real experts what they think and have come up with the places you should and shouldnt park your investment dollars.

Hotspotting founder Terry Ryder reckons infrastructure is one of the most important things to consider when buying an investment property.

His tips for buying in Queensland are:

NORTHERN SUBURBS OF BRISBANE. Brisbane citys north stands out in our research on areas with rising sales activity. Suburbs such as Chermside , Nundah and Zillmere are on the rise.

A two-bedroom home 54 Meemar St, Chermside close to schools and amenities. Picture realestate.com.au Source: Supplied

CHEAP and cheerful at 105 Dover Rd, Redcliffe is priced at $279,000. Picture: supplied realestate.com.au Source: Supplied

Terry Ryders places to avoid:

GLADSTONE: Demand remains strong in Gladstone, thanks to the mega gas projects, but developers have oversupplied this market and vacancies are high, causing rents and prices to fall. Will get worse before it gets better.

MORANBAH: Once the growth success story of Australian real estate, Moranbah has declined massively in the past 12-18 months, thanks to coal industry contraction and growing use of fly-in-fly-out workforces. The median house price fell 45 per cent in the past 12 months and rents are now one-third of their peak levels.

MACKAY: The Central Queensland city is suffering from a combination of new developer supply and coal industry downsizing. Vacancies have risen, causing rents and prices to fall, though not as dramatically as Gladstone or Moranbah.

GOLD COAST (high-rise): While there are signs of improvement in the Gold Coast market overall, after five very poor years, the oversupply in high-rise apartments lingers. Unit values remain lower than five years ago. Developers are gearing up to build more towers and the surplus problems will recur in the future. Investors who want to buy on the Gold Coast should stick to the housing market in inland suburbs.

GRACEMERE: While Rockhampton has a solid market, the satellite town of Gracemere just outside Rocky has major oversupply, with high vacancies and still more houses being developed.

Monique Sasson, founder of independent property investment firm, Wakelin Property Advisory said suburbs and regions close to the CBD in Victoria could be good for investment.

Her tips for buying in Victoria are:

ELWOOD: A Melbourne bayside suburb with easy access to the CBD that is especially good for older style apartments and single fronted cottages.

ONE apartment remains in this development at 34 Pine Ave, Elwood, Victoria. Picture: realestate.com.au Source: Supplied

SET on 470sq m this home at 277 Bellerine St, Geelong will go to auction. Picture: realestate.com.au Source: Supplied

Monique Sassons place to avoid

MELBOURNE CBD and DOCKLANDS. Avoid high rise apartments as developers supply always outpaces demand and hence long-term capital growth is weak.

FRANKSTON. The perpetual hotspot it seems, judging from the advice of many property commentators over the years. Nevertheless, this southeast gateway to the Mornington Peninsula has always disappointed in terms of capital growth. With a 50km drive to the city, it remains too far from Melbourne for most renters and therefore investors to consider.

WYNDHAM VALE. One of Melbournes extreme fringe new suburbs 35km southwest of the CBD that has seen its population and housing stock sky rocket in recent years, far beyond valiant efforts to build matching social infrastructure. Few renters will want to live this far from the city so investors should avoid.

ECHUCA. Despite its beautiful gold rush-era architecture, Echuca is too small physically and economically and too remote from Melbourne to drive the sufficient demand from home buyers and renters that would make a property investment worthwhile.

APOLLO BAY: Im not a fan of an investment strategy that targets property for seaside short-term lease. The high turnover of leases is costly from a property management point of view and they invariably dont deliver solid, long-term capital growth. This is especially true for towns like Apollo Bay which are a two hour-plus drive from Melbourne.

Property Professor Peter Koulizos, the co-ordinator of Property and Share Investment at TAFE South Australia picks areas which have undergone gentrification and close to the beach as good investment spots.

His tips for buying in South Australia are:

CHRISTIES BEACH: A beach-side suburb with train and bus access, primary and high schools, excellent shopping and accelerated capital growth due to its seaside location and gentrification.

135 Dyson Rd, Christies Beach is on the market with a price guide between $265,000 and $285,000. Picture: realestate.com.au Source: Supplied