So Victoria's not such a bad place after all! Having said that, while we only get $7g in Queensland, I think we get better stamp duty concessions than interstaters. In answer to your original question, its really going to come down to your own priorities. For example, some people prefer to rent the house they want for less than a mortgage for the same house, and invest the remainder in shares or other investments. Gives them the house they want, access to their remaining money and the landlord keeps things maintained. My wife and I are in a similar boat, except we won't sell the wagon for love nor money. Besides, it might be time to start thinking about making little Buddha's. :) ← Little buddha's --- bad mental picture!!!! :o In Qld I think your stamp duty is waived if the property is under $250k and your a first home owner. Think that's they way I interpreted it. :D