there is no land tax payable in any state of Australia on your...

there is no land tax payable in any state of Australia on your PPOR
so stop getting excited about adding up all the imaginary
extra costs that may apply
and just to confuse the bears even further
I just checked the WA land tax figures
on a property, or multiple properties .....
*****land only value (not the house sitting on top)
worth $1 million......the land tax charged is...
wait for it......tah raaaaaaa

$647 .....

so if we said Joe Blow has 3 houses, each with land only value of around $300,000 each....he gets a whopping....bankrupting bill for about $647 or $215 per house
assume the market value of each house is around $600,000 each...Joe Blow has property assets worth almost 2 million bucks
plus we can assume he has his own PPOR

sorry guys, the poster asked a simple enough question...now look how far off track the thread has gone....off on another tangent about land tax...
it has no bearing on his position...
it is time wasting, as usual

all I would suggest he considers is the garden....
if you have invested the money and the effort into a garden, the only way you can guarantee it will be looked after is to organise a maintenance person to look after it, at least fortnightly
the cost to you will be tax deductible, and you will ensure your investment in the garden is at least maintained in some manner...
the majority of tenants do not mow the lawn, pull the weeds, or water the garden....and you can lose your valuable investment with trees and shrubs in no time

as for insurance for loss of rent...it usually only applies if there is another insurance event, as in flood or fire, and the premises are uninhabitable
it does not apply if the tenant simply defaults on the rent