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BankWest's servicing isn't even close to as good as several other lenders. There's certainly advantages in keeping multiple loans with a single lender, but it will likely restrict you in other ways. I don't disagree with what you've done so far but at some point it would be wise to diversify...

The servicing is starting to get tight, but there's probably scope for an additional purchase worth somewhere between $300k - $400k. That's on top of your proposed purchase of $490k. You may reach a practical servicing limit with the next property purchase, it depends on your comfort level.