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Thanks HD and WM, You're right WM, the apartment option was never on the cards when I first purchased or ran the numbers - it was always villas or nothing. Certainly opens up a whole new avenue for due diligence on, assume end product would be something along these lines...

Thanks Westminster, Yes still have the two adjacent IP's in Balga, they are virtually untouched except for a new kitchen in IP2. Pretty bog standard old places as I'm sure you know well. What are some of the main R40 changes in recent times, I'm very out of touch with the codes? I had 220sqm...

Thanks for all the reply guys, I definitely know I'm not the only one to lose capital during the GFC, and for sure others lost much more than me both in absolute terms and maybe percentage terms. I do get frustrated more about the lost time than the lost dollars, and looking back annoyed...

Hi all, Long time SS member, but haven't posted in quite a few years. I have been thinking a lot more about my investments & planning recently, but I have really taken a long break from that whole mindset. I bought two IP's in Perth in 2006 & 2007, the second one coinciding very nicely...