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Thanks for reply, I will live in for at least a year to take advantage for stamp duty discount for first timer (rent out some rooms to help out mortgage), and afterward it may become an IP, as I should have enough saving + equity(if any) to buy a second IP.

Also, is a house on a subdivided land or townhouse worth buying ?

Hi All, Which suburb around Melbourne should I look for buying a house for live in and future IP? I have been looking at Sunshine, Albion, Coburg north, Reservoir but i didnt take any action ....... are they still good, should I go back and look again? Searching criteria: 1. 500-600k...