Started latish on my property journey. Bought land to build my PPOR in 2012. Got the build underway in 2013 and moved in during 2014. Land + build cost at $734k. My first IP is in Decpetion Bay at $340k and will settle next week. Next step is to get some repairs and a few tidy-ups done before I find a tenant. Initial goal is to establish some equity matching my PPOR acquisition and build cost then accumulate sufficient property to support a passive income that will eventually replace my PAYG income.