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Hey guys. Bit of an update. Sold my place for 164k. It's number 4 Margaret ave for whoevers interested. Looking forward to putting the 60k or so into my other 2 mortgages!

Hey Shawn, House definitely isnt paid off - I still owe about 100k. Its paying for itself but meh, so are my 2 other places. I'm quite bearish about the economy and the housing market in general, and I think this is a good time to let my 2 regional properties go to reduce some debt on my local...

Yeah, will be interesting. The place has basically paid for itself since I've owned it, so its not the worst - I haven't lost any money, but I haven't made any either :P Whatever..

Pulling the Pin on my place in Mt Austin. Just too much work to maintain the thing, and I cant be bothered (basically). Bought for 145k in 2007, putting it on the market shortly and will probably sell for 155-160k. Sigh!

Hey Guys, thanks for all the helpful replies. Beachgurl - I'm not sure if renovating is worth it? I kinda thought it was a given that you should paint inside and clean up the gardens (basically do cosmetic stuff) before selling (and you'll make double your money back or whatever), but maybe...

My place in Mt Austin. Bought for 145k in 2007. Worth probably 160k now (pfft). Renting for $220/wk. Tenant is ok-ish. Thinking about Reno/selling (100k left on mortgage) and pocketing the 50 or so K and using that for another deposit here in Canberra. Should I do it? Or should I reno and...

Also got a place in mount Austin, purchased 2007. Was vacant for close to 2 months. Just got re tenanted about 2 weeks ago for $15 less than previous rental :s