Hi Dark Knight

Numbers don't lie… the stats at the rear pages of API mag tell the story.

In some places the performance of regional city fringe suburbs outperform the supposedly awesome "within 10km of a capital city" suburbs, in capital growth, rental yield and low vacancy rate.

No need to believe old fashioned nonsense about having to buy close to the capital cities.  You need deep pockets to support the mortgages because the rents sure don't.

$10k is a mysteriously round number.  Is it exactly $10k you're out, or a number near $10k?

If it is exactly $10k maybe it's due to a typo in your spreadsheet/calculations somewhere?

Hi Zorro

You don't really need to concern yourself too much with which lenders offer what to your SMSF.  You simply need a great broker who does indeed know such things to act on your behalf in securing finance.  Richard's your man

It is up to the property manager to know the laws and in this case, the rules around the removal of the property assets is one example. This is what you pay them for.  If they mess it up and there are repercussions, the first approach should be discussing the issue with your property manager and the director of the Agency and politely request compensation.  Failing that, have a chat to Consumer Affairs about what steps you should take to recover any costs you incurred.

Hi LC888.  Richard is a financial planner and broker all rolled into one.  Shoot him an email to kick off discussions.  No such thing as too late.

Stay tuned.  I've messaged him and demanded he respond to you

Alrighty we are in the Opinionated Forum so we can have some fun.

OK time to get back to basics.

Governments get voted back in by majority vote.  Let's explore what that means.

Can't take benefits away.  Way too many voters enjoying benefits. 

Can't make housing so unaffordable that everyone lives on the street.  Then we'd have to pay even more benefits.

Can't afford to provide rental accommodation for all those that need it so we need private investors for that.  All the mum and dad investors.

Can't make investing in property make no sense because then there will be no rental properties for those that are not able to buy or do not wish to buy. 

If everyone is homeless then you don't get voted back into government because people don't like to be homeless.  They like to have a microwave and an x-box thankyou very much.  Come to think of it, I cannot see how you can even be on the Electoral Roll register if you have no address!

In summary, it really is not in the Government's best interest to mess up the housing sector

Hi LC888

Just wondering what are your objectives?  (eg build a retirement portfolio / get a property or two as a backup income for retirement / fasttrack yourself out of the workforce)  I ask this because you might consider changing your thinking to first predefine the end goal and then only look at properties and suburbs that will get you there.  An example of the line of thinking goes like this:

1. LC888 wishes to retire on $x per year

2. In order to achieve this, LC888 needs a property portfolio with a $??? per year rental roll

3. The time between now and retirement is x years

4. Which suburbs and property types will fit into this plan?

Hope this helps

Oh wow very nice. Thanks for sharing Terry – I will take a peek at it!

To be clear, inner city areas are not the only areas that enjoy capital growth