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    @branch_daniel
    Join Date: 2010
    Post Count: 3
    March 24, 2010 - 12:13 am

    Hi Guys,

    Many thanks for your feedback.  I think the interest only is the way to go.

    Young Investor – re: your comment on whether it is a good investment. I've worked out that by the end of the year I'm about $5k positively geared.  Is that good?  The property itself is an 8 year old 2 bed, 2 bath unit in a block of twenty in Balmain. The big selling point is that it has uninterrupted 180 degree views of Sydney harbour facing west.

    Your thoughts?

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