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We don't have to buy new, its just that I think that new properties tend to rise in value over the first few years on estates as they become established. Buying one a few years old would probably mean the original owners would be expecting a decent profit and I would imagine there are few...

Thanks Bespoke, this was just the kind of feedback i was after. We have brought dozens of IP mags and am ploughing my way through them, but I'm only just getting used to the jargon. I agree that we would probably be best finding a plot, choosing a builder and doing it all ourselves , but...

Has anyone got any comments on these people , good or bad? They are advertising properties just outside Berwick on one of the new estates. They claim that they ensure tenants for 3 years and that you can get started in IP for as little as $1000 paying only 1/5th of the total mortgage payments...