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January 15, 2025 - 5:47 pm

Thank you Benny and brendag! Theres lots to think about and explore. Great to hear from other investors like yourselves! Cheers! :)

January 12, 2025 - 4:24 pm

Thanks Benny,

I really appreciate your insight! Is the ‘big picture’ link sent to my personal message box?
Yes I have been hearing a lot of warnings about new builds. They seem to be built on smaller blocks of land and have some defects.
I’ve been checking out the realestate.com.au website almost everyday for the last couple of years and only started noticing a slow-down on Gold Coast housing market.

I’ve worked out that if I bought a investment property (more likely a townhouse) between $700-800k, I would be in negatively geared territory if I had a interest-only loan. The rent wouldn’t cover the cost of the interest repayments.

I know that council rates, and interest can be tax deductible. But generally, what percentage can be deducted?
If the purpose of investing is solely relying on its future growth, it could be 10yrs away for the next big growth.  I would have to cope with a loss in the initial 10yrs of holding the property.
Alternatively, I’ve been considering stocks or crypto if it doesn’t add up with my finances.