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^ ^ agree 100%. Our most difficult property searches for clients always are the ones where it has to perform as an IP now but to live in later on as a PPOR (or the other way around). :( It can be done (and we do it), but geez it is an effort - and ultimately a compromise.

Yes! The other "catch" in trying to buy any property without a kitchen or a bathroom for that matter, is that lenders will often not lend on it, or if they do, at a very much reduced LVR. Just be careful. IMO, a price guide over $250K for a 2brm unit, even if it is on Mowbray Rd, is either...

The LNS and the Inner West are considered very low risk areas to invest in. I mean they are within 5 - 10 minutes of the largest Australian city with over 4 million people living there! The issue for you will be finding something around $400K (which can be done). Summer Hill is also one...