Yeah thanks Tim. Makes it hard to know what to do. I am in NSW and in an area that needs heating in winter and cooling in summer with the ducted reverse cycle system which, although cheap by camparison with other units being an inverter model, certainly puts the power bill up. I have heard there is technology around that enables you to have a gas…[Read more]

Thanks for the info Dan and Terry. I will just put my head down and save for a bit longer and hope to get into something early next year.Cheers Mick

Thanks for the repy Dan.I thought I would be able to use the 9% equity I have which is about $38000 for the IP. we have been putting money into our home to increase the value and thus equity, but real capital gain is not there yet as we have only been here for 18 mths, but are expecting a kick in prices here soon (Mudgee) with all the…[Read more]