Hi there, I'd love a bit of advice in regards to purchasing my first investment property and would love to know if I can buy now or I'm on the right track. 26 years old. $22k in savings. Interested in purchasing south east of Melbourne. Broker told me I could purchase a place up to 370k. Last time I met with my broker in Dec with 16k savings he told me I am just about ready to purchase and gave me the all clear. I'd like to know if I should be saving more at this stage or I am safe enough to purchase and handle my first property. I'd ideally like to spend around 350k. I just signed a new contract at work guaranteeing me 36 hours per week so I now have a bit more of a steady income. I now earn average $750. My expenses currently are: $150 Rent per week $70 in gas and petrol per month (good on gas, only drive to and from work) $29.90 phone bill per month $50 internet bill per month $100 give or take on groceries per week (trying to cut this down) I try and put in around $250 per week in savings but will add more if I have left over money at the end of the week. Car is paid off. No credit card debt. Kids are not planned for at least another year or two. Thankyou in advance for your advice.