luke86 wrote:
I believe that if the property you owned previously was an IP you may still be able to claim the FHOG. If it was your PPOR then you will not be able to- check with your solicitor.

No need for me to check, I know that one. It was a PPOR so no FHOG.Cheers,Dale.

god_of_money wrote:
It is always a trade off buying in the small rural town versus inner west of Sydney.You can always find CF+ in the regional or rural town.. but there are risks associated with them.

I'm assuming the risks would be in relation to potential longer vacancy periods?

JacM wrote:
Here are a few areas to consider:MeltonWyndham ValeTarneitGeelongLaverton

What's happening at the moment with these areas? What makes them attractive?

Number 8: Very sage and sensible advice. Thank you. I have owned a PPOR before, as well as renting before and after the PPOR, so I’m aware of the pros and cons of both sides. Well worth considering though.

Has anyone had any experience with http://www.cashflowcapital.com.au ? Some of the properties look too good to be true (I’m usually cautious by nature).

JacM wrote:
Where are you located?

We’re in Melbourne.

Thanks so far for the ideas guys. That’s something I’ll have to sort out as well, the taxation and accountancy side of things. I’m a complete and utter newbie. Things are definitely more involved than a simple loan and rent equation it would appear.

Splitting the deposit between a couple…[Read more]