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Charoc, thanks for the information. I am looking for a villa and/or townhouse IP. Have 2 primary school age kids. Whats the demand level like for people looking to rent in Wenthworthville, Parramatta precincts?

I advocate selling where you are now and putting the proceeds into the purchase of your next PPOR. Always work on reducing your non tax deductible debt first up. If you are planning for the next PPOR to become a IP later down the track then I suggest you set up the PPOR loan with an offset...