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Ok... What is a good/ bad vacancy rate? What stats should I be looking at to ensure that I'm buying in an area that will always have tenants for my investment? I'm still looking in Merrylands and even broadened my search to include North Parramatta. Any thoughts? Thank you for all the...

Thank you PT bear! The offset account seems like a great idea!

Thanks for your reply! Yeah, I'll have to check out some units in parramatta then. Thanks!

I guess I should also mention that I will have around a 50% deposit. I'm not too sure how much of it I should use to actually put on the loan. The way I've calculated it, if I use all of my money as a deposit I could have the place being paid off by the tenants. I wouldn't have to use my...

Hello! I'm completely new to property investment and really need some advice. I would like to spend around 350-400k on a property, probably a two bedroom unit. I want to buy in an area that will grow over the next couple years as opposed to just having a strong rental return. I've...