1ofmany replied to the topic Where to start? PPOR? IP? in the forum Help Needed! 15 years, 1 month ago
Hi Humpz,Know this is a bit late, but hopefully you may find something out of it. There is much more to consider than could possibly ever be covered by this forum. Options could be :1) Continue renting, save up bigger deposit & have larger amount to purchase property in Canberra.2) Buy now & rent out when you move to Canberra and purch…[Read more]
1ofmany replied to the topic Thinking of investing then later living in the investment in the forum Legal & Accounting 15 years, 1 month ago
Hi Trent,Agree with above. If you don't want to move in straight away, it would be an idea to obtain an indepentant valuation on property worth when you do move in. This will help when calculating CGT on sale in the future. You will also need to know you will pay more in Contract Stamp Duty if you purchase as an investment. However, sta…[Read more]