Hey guys, I've been lurking for a while thought it was probably about time I created an account to ask something that has been on my mind for a while. I moved interstate to Sydney two years ago for work after graduating. I've been renting during this time, but now I want to buy my own place and rent out spare bedrooms to help with mortgage repayments/extra cash flow. I'm on a $75k salary, with ~50k in savings, parents are happy to help me out in any way they can with collateral/deposit/repayments. So I'm putting my budget somewhere around $500k-$550k. I wanted to get the community's opinion on a couple of options: 1. Continue renting and hold off buying anything 2. Is it worth buying a two bedroom apartment somewhere? Perhaps parramatta which seems to fit the budget? Or is buying an apartment not the best option at the moment due to over supply forecasts? 3. Or is a better option buying a house on some land far out west like Kingswood, Lalor Park or Glenfield? And renting spare bedrooms out there, although it may be harder to find tenants when compared to apartments/somewhere closer to the city? Thanks for any advice!