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Thanks guys for such valuable info. Will get back to my drawing board and do some more search heaps of number crunching!

Thanks Twobo, for such valuable and priceless info. Do you reckon though with rent at $190/wk for $149k will this be good. The current tenant seem stabile in the unit at the moment! What do you think?

I'm a newbie here and just wondering if the following is a good deal for a first IP. Looking to put in a deposit of $15k at the moment. Current sinking fund for the complex of 6 units is $24k . http://www.ljhooker.com.au/property_profile.php?propertycode=2126795&propertytype=residential...