So to add another point, read the terms. this will benefit you so much, its time consuming but you will understand the variance in the underwriting and terms of what your actually covered for.

firstly, Dual income, Airbnb, etc are far higher return as a generalisation. Appreciation isnt based on income earnt, its based on age of property.

Be careful with the exact deal, e.g. uni dual livings etc, sometimes there are crapy rules.

Great work, good equity??? then if you have everything good you should of set yourself for the next purchase?
or is there one of the properties that you can build equity to draw from?

more info would help

If it stipulates as Terryw said then technically that stands.

but my guess (as an agent) would be more than likely if you want till its non exclusive, the solicitors can do it all, saving the sellers agent fees (generally minus their advert expenses as per contract).

So yes this has been done before and will be done again.

If I can find a positive property anywhere I am open to invest, providing I study the area etc.

if you can find a house you can also add value and build equity for another purchase and have insurances to cover your ass.

were is the risk?

Both the above advice is great advice.

I think I get were your coming from with Commodities price.

the big things are
-access to debt/credit
-buyer confidence
-supply/demand as Corey put nicely
-economic perception
-rental occupancy rates
– sale stats
and a multitude of other factors.

This is such a complex and deep question because truly knowing the answer would you mean you understand the whole trend of the market in each area of the country.

But a great topic and something I ponder and study daily.

1) what equity? its at 80% lvr

2) yes very likely, although the government would only become aware of this when you buy another as a PPOR, then you may incur the Stamp duty.

In regards to your situation, seems weird you can buy a new place for 750 and not have to sell the land, but cant afford just the outstanding to build a house?

happy to also give free basic advice on all things property

Kind regards

Jaxon Avery

Dave there are many different deals, it really comes down to your end goal and what is the best fit to get you there in a safe and timely manner.
Personally i think the exavt deal matters more than areas, although areas absolutely matter.

As luke has said and myself cbd areas generally yeild less cash flow but “generally” see more captial growth, but in my opinion buying surrouding areas that are set to grow are far more profitable.

Such as Redcliffe or suburbs with good cashflow that are not to far from cbd,

But in regards to Smsf there are a lot of variables and also development deals that have solid returns and masisve tax incentives.

Depends once again on your end goal.

Also if you call the local council planning office, they will often walk you through scope etc and explain rough ideas and refer you to suitable options.