Thanks folks for your thoughts.

I am starting to wonder about the figures in the API magazine as well. Springwood is shown as renting for an average of $320 but I have not seen anything above $280 but the norm is $240 or less.

Thanks for the chart Caz it brings up some interesting comparisions. Thanks also for your thoughts on Medina I will…[Read more]

Greetings Justin,
[]Thanks for your ideas. I tend to lean your way but I also lean the other way as well as I don’t pay much tax, on a pension, so two closer to positive gearing may be the better option. As I said to Jeanne I am still looking for another couple of weeks and intend speaking to David soon before I jump either way,
Thanks for you help,
Alan

Gooday Jeanne,

[]Thanks for your suggestion. I have a friend living in Kardinya and working at Armadale and he told me about the good rental prospects there. I still have a couple of weeks but I appreciate your opinions.

Boothy

Thanks for your reply David. I did read those forum entries but was trying to work out whether to invest in one single property of whether two in another area may be a good option. For instance Belmont has been bandied about as go ahead, Joondaloop the same, others have been pushing for Kiwana. From a distance it is a bit confusing.

Boothy

Thanks for the reply.

That’s a good question. I guess I am after some security when I get to retirement age and some means to fund travel and a decent lifestyle. It seems that negatively gearing property may provide that.

My real concern is whether paying such little tax makes it a sensible option.

Boothy[?]

Terry,
Could you elaborate on the trust idea. I’m extremely green about these matters and would appreciate any help I can get.

Cheers,
Boothy

Morning Terry,
We intend moving permanently to Perth hopefully around the Como area. I am not sure which is the better way to go, keeping Sydney or buying something as investment in Perth when we get there.