Plain and Simples, you can still buy 3 bed property for...

Plain and Simples, you can still buy 3 bed property for $400-$500k in Brisbane on 600m2+ within 15km CBD

Do the math on even a net 2% pa gain on $80k down, and a mortgage paid off in 30 years.

In 30 years the place has doubled, you have no debt and RENT will be DOUBLE also.

so your $500pw is now $1000 pw INCOME with no mortgage in retirement....and maybe a $1m capital base (from $80-100k).

Still possible to set yourself up with basic assumptions NOW.
These properties for now are cash flow positive.

A $420k property with $336k Mortgage is currently $225pw. Rent is circa $390-$400
eg https://www.domain.com.au/15-scouse-street-acacia-ridge-qld-4110-2015114233