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Not entirely sure what you mean here sorry? Personal position I would comfortably sustain a negatively geared property (<$8k) assuming tenant income from my spare room. Still doable without the tenant income though. But even a $350k property with 4% yield is only a couple of grand in the red...

Thanks for the insight. I was afraid that might be the answer. More income it is. I think the issue is my 406k mortgage on 465k property on less than 6 figure income.

Yep good point, my broker did actually mention that idea. I'll most likely do this closer to when I'm ready to buy (as it comes with a fee, I'm still renovating and really I've only just taken out the loan a few months ago).

After buying my PPOR a few months back and since speaking with a broker, my borrowing capacity is not very high. I could maybe stretch another 90k to 150k on top of where I am now. In hindsight I should have continued renting and bought IP's instead, but I have made my bed. My problem is that...