Thanks Redwing for your comments.
Originally I was to buy and hold but most unexpected family events have occurred
Yes I have a s15-15 in place and loans are interest only.

Do you know anyone can help with listing other than the rental agent

Thanks
Chris

Chris Ashdowne

Hi Muso Dave,

I must say that I am in a similar position with a Melbourne (Malvern East)based 1 bedroom apartment and 3 BR townhouse in a bayside suburb. Together they are producing a cash outflow before tax benefits of about $16,000 and about $10k after tax. Eventually the tax benefits diminish and I have learnt that they should not be a prime…[Read more]