thanx,
ok but in my circumstances were i am only 17 and waiting till im 18 to use the grant plus what i have. I dont want to leave home untill i am 19 and will begin looking for an investment propery when im 18 and have acess to the grant. The CGT benefits will only affect me if i wish to sell,

however i am not interested in ever selling as i…[Read more]

At the moment house prices will continue to go up in capital cityies due to an ever increasing population that seems to be growing much faster than new housing development. More people = higher demand = higher price = high value. This is why housing in sydney has gone up much faster than elsewere in australia over the past 15 years.

More people =…[Read more]

hey im 17 n i just read have your book this arvo i am liking it as i am planning to use what money i have saved over the past few years plus FHBG to purchase my first place when i turn 18 im planning to move in one room and logde rest of house to help repaments. I wanna get into property before house prices go to high as prices are growing much…[Read more]

Hey,

Im 17 and have been saving hard for a a few years now cause as soon as i turn 18 i wanna take advantage of the first home buyers grant and combine everythin to purchase my first place. I am planning to find a 3-4 beddy place to move striaght into one room and lodge out the rest of the house to help with repaments for the first 6 months then…[Read more]

Hey Kerrie,
What about using the grant, moving in one room then lodging out the rest of the place to help with repayments till you are legally able to move out after using the grant. You only will have to live there 6 months as the deal with the grant is you must move in the place within 12 months after purchase and live there for a minium of 6…[Read more]

Thanx everyone for all the positive feedback and to answer dohicky”s question i would try my best to teach other people my age how to budget however i think that to be able to budget or save any large amount of money you must first belive that you have a future and you should be able to visalise the type of lifestyle that you would like to lead in…[Read more]