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However, the same costs in an IP are tax deductible, and for a PPOR it's not. If you compared only renting one place and buying one IP, the numbers are probably more even. If you compare renting a series of places (if the flexibility is valuable to you, such as if you moved cities for work)...

The usual answer: depends, but it's possible. Depends on your serviceability, how much of the existing IP's rent the bank considers to be income, how fast you can save another deposit. These are all either finance related (talk to your mortgage broker) or depend on you (how much you can save).

That's the good thing about IPs: you won't be living in them. You could fund your way into a blue chip PPOR using IPs in cheap areas, cities you'll never live in, etc. Nobody buys IPs because they want to play landlord. I've heard people say that even the property itself is just a tool to get...

Renting is usually cheaper than owning. Renting + buying multiple ips will beat owning just one property, especially over the long term. Yes, you can reduce the cg by having a couple of years of ownership cgt free. But you need this to last at least until you die. You might not sell for 50...

In general, you're in a pretty good situation in terms of income, age, savings, planning. However: Why?