I am using other security so I dont have an LVR issue but I did look at the option of stand alone and I was told by my lender that maximium was 90%.  I have paid a $500 deposit and I will be paying 10% after the cooling off period.  I have the 10% in redraw but they did say that I could use a deposit bond if need be.  The salesperson that I dealt with was really good and another family member has also purchased one off him too.  If you want his details let me know.

I just signed up for one of these   They have just flooded the radio in Brisbane with ads so I went in to have a look.  In my case I will be cash flow positive right from the start which is great.  I asked a lot of questions and did a lot of research and from what I have found out there are nearly 200 units in Chelsea and only 40 of them have NRAS allocations.  Hope this helps