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Thanks Alan and Aaron, good advice! Would you suggest buying something a bit rural at this stage (I've been considering horsham) on a big block approx 150k-200k that I can do a cosmetic Reno to and hopefully manufacturing some CG. Or saving up some more equity and buying something in the...

Not as yet, I just wanted to get a feel for things using my rough calculations. Once I've got a bit more of an idea which direction I'm taking that will be my first stop!

Hi everyone, I'm a (relatively) long term lurker, but brand new poster. Here is my situation: I am 26 years old and currently own 2 IPs (1). Bought as a house and land package (2bdr, 1bthr, single story) 8km from Adelaide centre in a new housing estate, no capital growth as yet as no...