In theory, yes, in reality, the council will only allow one or sometimes 2 properties on an R20 zoning .

Anthony, have a look at the rental property simulator at http://www.peritus.iinet.net.auIt is spreadsheet-based, cheap and displays all formulas so you can understand how it all works.hope it helps

Hey Miccalady, have a look at this calculator (Rental property simulator): http://www.peritus.iinet.net.auIt's spreadsheet based and displays all formulas for you.  You really need not do anything apart from plug in your investment criteria.hope it helps

I use a great little tool: Rental Property SimulatorIt is a spreadhseet-based tool, but kicks arse!  and really cheap.  They've been around for a while and they keep it up to date regularly (for free).  Depending on which version you buy, you can analyse from one up to 3 properties at once.http://www.peritus.iinet.net.au/