new about $350,000.00

existing about 3 yrs old $310,000.00

all with 4 beds dlug and ensuit
chark

thanks all for advice.
chark

thanks sushi03,

I have done a rough calculation on IO loan, and plus tax refund (depreciation) I will be forking out about $35 a week of my pocket.

I have read Rob Kiyosaki’s book about positive gearing , it seems to be impossible in Australia, I have also read Jan Somers book, which I found to be more achievable. Having said that, I saw couple…[Read more]

thanks for the replied, I am thinking of springwood in Queensland. Rental return is not that great, say $160,000 for the townhouse and get $190 per week.

any body know about the Salibury suburb, the town house goes for $190000, and rental return of 210 per week, will this give me a better grow than the Springwood?

Reason I want to buy, is get…[Read more]