with the income you and your wife achieve, it would be better to build your new house and rent it out. You would then have higher depreciation for tax purpose. I am not sure how do you set up your new loan to buy the new block, but just put as much as money to your "home" loan and borrow more from the investment loan to get the advantage for -ve…[Read more]

I am looking something under 400K and having 10% deposit. It make my loan to 360K and it will make a big difference for 7% to 9%. Will the price drop if the intestst rate to up to 9%? If yes then I can buy a IP with a cheaper price. Is my theory right?

Hi All,

Thank you for all advises and they made me have a clear mind for what to invest and where to start. Thank you all.

Regards,

Daniel

Thank you for all reply, I am new and want to get into the property investment in Brisbane. However, I am not sure what type of property I am looking for, I can see the protential grow in the Brisbane CBD and therefore I was looking into the M on Mary one. Since I don’t have any positive reply for the particular unit, I guess I should give it up…[Read more]

Hi Nigel,

Thank you for your reply. I am actually got on hold for the apartment and having the contract tonight. A lot of units are sold already, just want to know if it is a good location to buy for this size and price, and also it will settle in 2 years time, would that be advantage for me to wait for the captial grow? I intented to keep this…[Read more]