Singer wrote:
In some parts of Brisbane the owners also pay the water bill. 

I think all owners in Qld have to pay the water bill unless the house is fitted with a certain amount of water saving devices. ie: dual flush toilet, shower saving head. I would have to double check for you.

Thanks Terryw, that is very helpful. More food for thought, will go away to chew now.

Thanks Dan42 and Danielle.No I dont think the IP needs renos, it's relatively new, however I could do some small things to increase the rent (like aircon). Yes my thoughts always come back to my IP being used to help leverage into more property. I guess I really want my PPOR paid out so that I can get stuck into paying for the IP. However with my…[Read more]