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Yes, strata and landlord insurance calculated in. Low strata on this one, will not hurt much

I am new(ish) to this property investing game, so I have hesitated buying in Sydney simply because there is a real risk of prices not going further up, hence no equity to buy more for a while. I doubt that my area is in a (massive) bubble, so not anticipating prices going down a lot. But then...

I have spent many hours on this great forum and also researching Brisbane, Gold and Sunshine Coast areas to buy IPs. And then, I went against what most forumites are saying and bought something locally (2200). I went through the numbers many times, thinking I am missing something but it just...