DLPP,

At this stage we are looking at a property as a PPOR. I realise this is not the most tax effective thing to do.

Annual yield? I would estimate the hovel we live in to be worth no more than $450k and that would be mostly land value. We pay $12,500 a year rent, so yield is around 2.7% and the place needs serious work. If we weren’t renting…[Read more]

Mortgage Hunter,

I am not interested in high risk style investments.

As far as other investment options go I have been looking at some 5 star S&P managed funds which are a blend of property, cash and int securites. Even interest rate securites are attractive right now.

Some of these funds are getting returns approaching 20% (annual) steady over…[Read more]

No not going to buy the place we rent. It is a duplex and it is extremely run down. Ready for the bulldozer I would say.

What has your experience been with buying property?