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Thanks Jamie,
Most of the properties I've been looking at (only roughly based on what I think I might be able to borrow) are attracting between $300 and $350 per week – if I can afford something with a higher rental return or better yield, then by all means I'd do it.
I completely understand it could go either way, but let's assume interest rates are at the same level they are now. Plenty of reasons for them to go up, plenty to push them in the other direction…