I live in ACT, and have wanted to break into the property market/make my savings work better for me in the longer term. I am hoping to get some feedback from people on these forums before I visit a financial planner/some other experts. That way, I can have a bit more of an idea of what I think I would like to do and ask more targeted. I’m single, don’t own any property, no shares/other investments. With my jobs, my total annual salary before tax is $129K, with minimal deductions. I’ve got $215k in savings, no other debts. Long term, I’d love a new house or renovated house close (10-15kms) to the city centre, but don’t want to take on a super high mortgage at this point. I am wondering if it’s worthwhile to start with a townhouse or apartment that I can work on paying off, while also saving more for a house longer time. I’ve seen a townhouse for $735,000 close to the city centre (around 4kms away) that ticks my boxes for living in, and renting out the other rooms (maybe Airbnb, or could potentially find suitable flatmates). It’s a new-ish build and the body corporate $ don’t seem excessive. There is also plenty of new apartments going up in the inner north, and I am kind of attracted to the 2 bedroom ones, where I could live in one room and Airbnb the other. I’ve been reading a bit and as I don’t have many tax deductions currently, maybe an investment property could offer some decent deductions. I don’t need to live in the property at present, but it would be nice to have somewhere to live if my renting situation changes. Would love to get your feedback/hear about what you would do if you were me. Sorry if this isn’t the right forum to ask all my newbie questions to.