Hi Scott no Mates, I'm in South Australia, and thanks Singer for your input!

Apparenlty, Moiety titles dates back to merry old England and was the title before Torrens Titles were introduced.  Effectively, it's one parcel of land with two dwellings on it (typically maisonettes) whereby each owner of the dwelling is joint owner of the land.  For this reason, banks don't like lending on Moiety titles (because the only definable sole ownership is that of bricks and mortar), and if they do they will generally only lend on a lower percentage.  (My bank will only lend on 70%)

This is also the reason why the property I'm looking at is below the market average.  I would imagine that First Home Buyers would generally be excluded unless they have a substantial deposit and property investors wouldn't want the hassle.  Me?  I'm looking to perhaps move into it in a year or two after I sell my Principal Place of Residence (no CGT) which is now too big for just me (recently escaped my husband….oops!  I mean recentley divorced!)