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LOL, yeah I know, your advice may be tainted, but if you can back it up with cold hard facts then who can argue? Statistics are facts arent' they?!? Thank you for the feedback - I guess in our situation it would be great if rental yields would catch up with prices around there, but that's...

Thanks for the encouragement - we are using this as a lesson in what NOT to do. We can afford to hold the property, our PPOR in Sydney will be paid off in 2-3 years, and we will then concentrate on paying down IP loan until it reaches the point that it's almost paying for itself, and continue...

We are struggling with this dilemma - only difference being we actually bought a place on the Central Coast at the height of the market, with a view to knocking it over in 15-20 years time and building our dream house near the beach. We paid $395k in 2004, 3bed 2 bath 700sqm block at Shelly...