No matter which way you look at it, this has to be affordable. Affordable as an investment with a long term tidy tenant in place paying the mortgage (even at 100% borrowing), or affordable as a first home - maybe with a welcome home loan? With a 10% deposit, mortgage repayments would approximately be $144 per week. 1920's house with 2 double bedrooms, and extra sunroom, and a MONSTER garage plus utility shed. Great back yard, and a quiet street, it all adds up to a great buy.