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First-timers give areas faceliftRenewed interest in property on the part of first-time buyers is spurring wholesale upgrading in areas that had become run down or neglected.Upmarket not always best valueInvestors and homeowners who shunned older, lower- to middle-income areas in favour of luxury, upmarket suburbs may have lost out on some spectacular capital gains last year. By Joan MullerProperty investment on a budgetFor many aspiring investors, the biggest hurdle to entering the property market is securing the capital needed for a deposit and financing costs. However, there are several strategies that first-time investors can use to get started with limited capital.