As someone else said they have a property in QLD, I also bought there a few years ago, the property is looked after by the complex, therefore strata fee's and rental management costs, however this for me is a plus, I assume your doing it to make money and for tax purposes, with all these deductions it makes a big difference come tax time, the rent is more but you have more deductions and you never need to lift a finger to look after the place, also a tax write off holiday if you ever wanna go there... you can have two a year...

Paying interest is better than paying tax

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Thats what i used to think.
Then i thought i'd rather pay the government money than a lousy bank.
At least that way it gets shared around a little bit.

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Balls.

We'll call your strategy the Goonbag Investment Policy

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Yeah, I know it doesn't get shared to where I'd like it to get shared...

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Balls.

Dont know what your refering to by saying pay tax, what i meant by tax benefit was that you can write the house and larger costs off of your income tax and therefore you get a larger tax return... win win... if your post was refering to what i wrote at all that is...

buy shares in that bank

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There's a hoon in every Typhoon