I have about 300k+ cash at the moment, don't own any real estate, currently renting in Sydney and my income puts me in the 250k-300k bracket (gross). I guess I'd like to take advantage of the tax benefits but at the same time buy something sensible below 450k with strong consistent rental yields (i'd like to buy this for my retirement as well). I'd like to avoid the sydney / melbourne bubble as the yields gross / net seem very low 1-2% / -1% if possible. I was thinking of paying 20% down and keeping the rest in offset or investing a smaller portion in equities / bonds to blend in a better return overall. Edit: Just like to add I don't want to move as my job is in tech and I won't be able to find it outside Sydney/Melbourne or USA. I'd like to rentvest if possible?