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I will be leaving perth in Jan of 2019. So it will literally be a vehicle to further investment.

My goal is to build up a portfolio, I could keep renting at 500 PFN and invest the difference, or give it a shot buying the first property and living in it for 3 years before turning it into a IP. Decisions decisions.

This is my thinking, as I know from another post that buying a PPOR first instead of an IP can put you behind, but that calculation to me would appear to be long term, ie it's your PPOR for 30 years, not one that you bought, held for a year or two and then turned into an IP. With lenders...

I understand that rent money is not dead money, as long as you're investing the difference rather than squandering it, and I have fantastic security in knowing that I will never have to vacate this house until I post out of Perth if I don't want to. My partner and I earn around 95 k combined.

A quick hypothetical scenario. I am currently renting with my partner for 500 per fortnight in Spearwood in Perth. We would both like to start investing in our future. Living in WA as a home buyer you get 3000 dollars FHOG, and a 2000 dollar grant for things like conveyancing if the...