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What happens if Sydney Southwest plateaus? That would be the only concern with the above approach. Perhaps look at some other areas too. There are quite a few threads on Brisbane & Adelaide as potential areas to invest. Another approach could be a cosmetic reno to manufacture some sweat...

Agree with DT here. If you want to build a portfolio recommend speaking to one of the brokers on Somersoft. A bank will only take you so far. At the beginning of my journey I spoke to several brokers and asked them to map out my journey from 0-X properties, how it should be structured, which...