Sorry,
IP property is near waterfront in geelong value 255000 rent 220 at present, lease up soon so asking 230 for new tenants.No equity available here.Plans have been approved for a marina to go ahead within walking distance.Loan is 263000, interest 1500.Rates 880.

PPOR is valued at 350000, loan 200500.Another good location close to future developments shopping, schools,new ring road. We have been here for 4 Years and originally paid 190000 to build so very good growth so far.Interest 1200.
Rates 1350.

We both work full time expences include full time childcare(1100) and extra payments towards secondary and tertiary that we make at present(460).

Is it a good idea to rent PPOR so that we can claim interest rates etc, and find a place for us to rent for a while so we dont have to sell either property both have great potential and would be disappointed to lose either.

thankyou