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This is a solid plan. Take your time, read, research, learn etc etc. Its not rocket science but it requires that time investment to get it right. If you want to speed up the process then by all means consider BA's but if you are patient and dedicated there is no reason you can't success with...

Welcome 1sttimeinvestor. As above posts outline Brisbane is a good option, and your budget would allow good inner/middle ring options there. I agree Sydney is probably past best time to be buying. It might also be worth considering 2 more affordable 300k properties in 2 locations to...