Thanks. Yes to both, however I’m still not clear on the best path. Alice Springs had 17% growth in the past 12 months. I would consider buying an investment property here, but none seem to be positive geared, that is unless I pay a substantial deposit to make it positive geared. Rental returns are reasonable good 7% and more. I had thought it…[Read more]

I have just moved to Alice Springs for a 2 year work contract, and am wondering whether it is best to buy or rent the house we will live in. What will this decision do to my intention of building up a portfolio of properties? The houses I am looking at cost $350/$400 per week to rent, and to purchase cost around $350K plus Stamp Duty of around…[Read more]

I have just moved to Alice Springs for a 2 year work contract, and am wondering whether it is best to buy or rent the house we will live in. What will this decision do to my intention of building up a portfolio of properties? The houses I am looking at cost $350/$400 per week to rent, and to purchase cost around $350K plus Stamp Duty of around…[Read more]