Thanks McMahon and all,
I have been doing the sums and it would seem pointless to purchase a home at this stage. I don’t have the “emotional attachment” factor here at all, I am waiting to settle back on the east coast later on. Therefore, I guess it would make little sense to throw a significant amount of money away on a PPOR that I know I will move out of anyway. Again, thanks for all the pearls of wisdom.
Hi Key,
thanks for your thoughts. For info I am here for 2 to 3 years from now. I like some of your suggestions, I will need to research what tax benefits there are in claiming a WA address as my PPR after I move. I guess the bottom line is that if I do purchase a place here, I need to do so with a view of making it a place that will bring positive cashflow when I leave. The more I research this site and think about my long term goals, the more apparent it is that having a heavily -ve geared house is a bit of a lemon!
Thanks again for your two cents, if anyone else would like to share their thoughts that would be great…