JacM,

They live (along with me) in the western suberbs around 15 minutes from Adelaide's city centre.
My new job is located at the Royal Adelaide Hospital in the City.

Terry and Richard,

Thank you for your advice. I don't think it will be possible to borrow that amount of money from my parents. They are very old school; they bought one property, paid if off and remained living in it since. While they are living comfortably, it would probably be difficult for them to lend me the money without taking the loan out themselves, which, to be honest, I would prefer they didn't do. As a result, should I wait until I have saved the 20% deposit myself, or get them to garuntoor (which I get the impression many people are not in support of)?

Thanks again.