Re the “if you can’t afford it you can’t afford it” comment…

If you currently have low equity, but know that you will have a decent amount in two years, isn’t buying off the plan a good move? I mean, assuming that the price isn’t inflated, by holding a property now with a dep. bond, aren’t we effectively buying a property in 2 years at today’s…[Read more]

Some more info on the purchase….

2 bed, 2 bath + study in woolongabba.

Company marketing the project is Property Direct (if anyone has any comments on this organisiation would be appreciated…)

There is no rental guarantee, and we are planning on keeping the property for the hoped-for capital growth.

We have two main reasons for buying off…[Read more]