Hi, My partner and I are 25, high earners and are looking to buy a property given we have 300k in savings, and still live at home so we can save 80-90% of our income. Particularly with Coronavirus now we’re working from home, unaffected, and now are easily saving 90% of our income for the next few months. I own a unit already that is currently tenanted, with 250k equity in that. We have been looking at properties for a couple months, around where we live. I know this is sometimes frowned upon, but this is where we want to raise a family later and we know the surrounding suburbs well, and where the better parts of the suburbs are. Our buying power was 1.7m at 280k savings and would be 2.1m at 380k savings. We could get to 380k savings in 6 months. We have been thinking of two options: 1. buying a 3 bedroom one storey house in a suburb 10 minutes away, which would be around 1.3-1.4m. This would rent for around 700-750 per week as it would be a house in decent shape. We’d use it as an investment for now, and then move it for around the period where children are around 3-13 years old. Then around that point we’d look to move into the suburb I currently live in, and this existing property would become an investment. This suburb is much more expensive, where 3 bedroom houses that aren’t in amazing shape on decent land are worth around 2.1m. These rent for $700 per week, and yes the rental yield is terrible. But the capital growth is very significant in this suburb. 2. save up for 6 months and buy a house in the suburb we want our future long term PPOR. Rent this out for like 15 years, and build a nice house there when we want to move here. In the mean time we’d likely rent or buy other properties that we could live in along the way, and become investment properties when we move out. I’ve been playing around with some projections, and am leaning towards option 2. The suburb we want to live in long term will have higher capital growth, and given we can afford it now, it seems like a smarter idea. I probably need to spend some more time working on the projection, but it seems feasible. When we want to get married and move out, I was thinking we could buy a unit to live in around here and set it up as IO when we move in, then change to P&I when we move out and change it to an investment property. Then we could rent a 3 bedroom house, which we would live in for around 10 years. We could either try buy a house here that would later become an investment, or rentvest. sorry I know that’s a lot of information, but wanted to give enough context. Really appreciate any help.