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Thanks for the info, very helpful. Oh, and thanks for the search tip, Propertunity, that's going to save me HEAPS of time!

Just doing the pre-purchase figures on potential IPs, and I have no idea how much to budget for maintenance costs. I know it depends on the age of the place and the size. For example what might it be for a 2 bed villa 10 years old? Compared to a 3 bed house 20 years old? What sort of...