Hi All, first of all, there is some great advice on this forum! so thought I'd see what great ideas might help me.. My Situation: 1st IP Mid-low $400's unit with 2 bed/ 2 bath/ 1 car owned it for about 3 years with about $40k equity... have good tenants paying $400 per week..it was my PPOR, got the FHOG years ago and the stamp duty exemption - lived in it then rented it out since, got a TDS which is good as the unit is only 5 years old. so been out of it for about 2 years...still only in my name on title... so for another 3 years if sold there would be no CGT payable on this property. Current PPOR Now living with my partner in one she bought, worth in the mid $400's 2bed/ 1bath/ 1 car also with about $40k equity...but no tax effectiveness as we both live in it...could do with a new bathroom and kitchen...earning potential of about $370-$380 per week Our issue: We are expecting our first child early in 2010..at this time, my partner will stop work and I will be the only income earner for our family...Our current unit is fine for a first child and will do a couple of years, but we would love a family home in about 3 years for the extra room. What have others done or what would you do in this situation?? We would like to keep at least one of these if possible... thanks in advance!!