You did not mention timing of entry. Like the stock market, the property market has times where it is generally overvalued and times when it is generally undervalued. No point buying at the top of the market which is where we are now.
I'm just finalising the divorce settlement with the ex. The property market has been strong in Sydney this year so I got a decent valuation on the family home which the ex is getting. So I'll sit back on my cash and wait for prices to come down and then buy- 20% to 30% down is my pick.
