I see a few problems here. One I think you’ll be hard up to find a decent unit so close to Brisbane City for $180000, its more likely to be the low to mid 2’s. This may be ok for cash flow short term, if and only if you have a 20 – 30% deposit but units notoriously arn’t much chop for capital gain and they have to many added costs ie body corporate, sink funds extra, there is also a glut of them (why pick yours)? Better to buy a house a 20-30 kilometer radius of Bris. As an investment this may seem a long way out, but how many Sydneyits would love to live 20 kl from the city with a $250,000 home. Think long term! Also buy post 1985 for added depreciation. This is my opinon only.[^]