RE: GP Ultimate .40
This model weighs in at about 90 - 106 ounces, but could be more with a larger engine, two servos in the wings etc. The TT.46 with a 10x6 probably puts out 85-90 ounces of thrust depending upon your elevation above sealevel. I'm too lazy to go to the map to see how close Adelaide is to the coast[&:] With an 11x5 prop and 15% nitro you might be able to get a little more umph out of the TT. So, it would fly it and you would be able to do your basic aerobatics.
Most say .60-.75 two strokes and .70-.91 four strokers are better with strong vertical performance.......much more satisfying. You need about a 1 to 1.3 weight to thrust ratio for "good" aerobatic capability. A 1:1 ratio +/- is only fair, but definately flyable.