Hi, I'm a single mum and currently renting. I don't own any properties. I want to get into the market and buy a unit in the Liverpool area so I have my own home by the time I retire in 20 to 30 years time. I was initially looking at purchasing a new apartment around $550 000, however I don't have enough for the deposit yet. I have an option now of purchasing an older apartment and renovating the unit. This might help with building equity faster and purchasing another older unit. Is it better to wait and keep saving for a new apartment or purchase an old apartment now and potentially buying another older apartment later? Is it better to invest in one new unit or 1-2 old units? Any advice/comments would be appreciated. Thanks in advance!