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Yes! Exactly why I asked the question. Having lived in Tasmania and Brisbane, I know that "too far" is often very inner city :P

Thanks for your response. I have only been to Adelaide once. How far out of Adelaide is "too far"? Any suburbs you would reccomend/avoid?

Is Druitt in WA? If it has grown that much do you think it will go any further?

Thanks for responding, $300k is not a figure we are attached to. I suppose we want to save some borrowing power for next year when we purchase something to live in for awhile. When you say West Melbourne, do you mean Weribee and Broadmeadows? I did want to buy in these places, purely...

Hello! :) My partner and I are 27, and considering purchasing another IP whilst our earning ability is high, and things are stable (ie no dependants yet!). We currently have: - 1 x 2BR unit in TAS which provides great cash flow (nothing else!) - 2 x 3BR houses in Logan area, QLD which pay for...

Thanks Paul. I'm confused though, what is cost base? :confused:

If he didn't live with us, we wouldn't have the room occupied. The space was not advertised, we were initially helping him out in between places and then its lasted awhile (years). There is no formal rental agreement. The EFT has only just begun (previous was cash) and does not say "rent". I...

Hello everyone! I have a friend who lives in one of the rooms of my 3 bedroom PPOR. My partner and I share a bedroom, and the third room is a guest room. Everything else is communal. My friend pays us weekly "rent" via bank transfer. This "rent" is below market for the area...