Thanks everyone, 3 different approaches, so definitely something for us to think about.  Thanks for taking the time to respond, it's much appreciated.

We won't be moving anytime soon.  We moved to Melbourne from Qld 2 years ago (for work purposes) and would like to be back there sometime in the next 3 – 5 years (maximum).  If we weren't to move though, it wouldn't make any difference to our investment strategy, we'd continue to rent where we are and invest our surplus funds.When we move back we…[Read more]

Thanks for the welcome JacM:)  With regard to serviceability, we have approximately $1500 – $1700 per month surplus funds, so I believe we shouldn't have any problems there?Thanks in advance,Jodi