u/windowcents

Planning to upgrade my ppor. Want to know my options realistically. I earn 90k a year. No credit card debt, no car loan. Have 1 credit card with 10k limit. I can reduce to 3-4k to increase borrowing capacity when needed. I am 41 years old. Super balance is 350k. No hecs debt.300k in savings account. No ETF or shares.

Ppor fully paid. Current value would be 700k. No outstanding loan. It is an apt and hence I want to sell once I purchase a new ppor ( house). Ideally the kind of house and suburb I am interested in, it would cost around 1.7 million.

I have an investment property, current value 750k. Fully paid. Currently rented at 600/ week.

Current ppor which is a apt, I want to sell as I don't see value ever going up, but with my current ip, do I also sell and then get a small mortgage of 300-400k ? Or is there a way to keep investment property ?

Additionally, immigrant background. Single. Parents and I only. I am not married, no children, So financially, we are like 1 unit. Both parents retired. Super is 800k + 400k. Plus around 900k in hisa. Planning to add 390k to one of my parents super in 3 years time as they are still under 75.

Can my borrowing capacity increase if I add them to the property title/ loan ? Or if it is just me, what's the maximum I can borrow?

Because of personal+ health issues I have decided to not work full time for the foreseeable future. My income is via a permanent role and is 90 K. I don't see income becoming more than 110 K per year for the next 10 years. I am in my early 40s. Should be able to work for at least next 20 years. No kids or partner. living a frugal simple life.

Current ppor is worth 700 K and fully paid . Have a IP which is rented for $600/ week. It is worth 800k and owing to bank 250k. I have cash of 300 K which can go towards initial deposit.

I would like to buy bigger ppor but that would be in the range of 1.5 million.

Obviously I can't afford it as ppor, if I buy it as a ip and rent for the first 5 years, what's the maximum borrowing I can get ? Provided it will be rented for $900 a week. Eventually I will sell current ppor and IP. What can I do to maximise borrowing and also try and hold on to current properties as long as I can