Hi all! My first post here. I'd really like some advice or input on what you would do if you were in my position. My husband and I recently sold our first home to move back to Sydney, and now have been sitting on our savings as we rent. We're at a disagreement as to what to do next. With a young family, we'd prefer to buy a house, however our budget is at around 500K as we don't want to borrow too much (preferably not more than 400k) We have a son who is exceptionally gifted, and as such, we want to be able to give him the option to attend the best high school that can cater to him (this won't be until another 4 or 5 years) What should we do? Invest and rent somewhere with good schools? Buy a unit somewhere close to good schools? Happy to consider other places than Sydney as my job is portable, however we moved back to Sydney as we're born and bred here. Our budget towards rent or a mortgage is around $500/week, which is peanuts in the Sydney property market. Thanks in advance!!