Thanks for the tips guys – are there any benefits to waiting and paying off the mortgage in full? Before diving into investments and leverage?

Catalyst wrote:
Firstly if you are thinking about keeping it as an investment STOP paying off the loan. Put the money in an offset account so you can withdraw it to buy the new place.

Thanks for the reply – when you say offset account – the (BankWest) home loan we have allows us to move the money in and out with no penalty (just a $500 minimum…[Read more]

luke86 wrote:
He suggests that there is a looming oversupply of inner city apartments in Melbourne and Sydney. I personalle prefer houses on decent blocks of land in the inner to middle ring suburbs due to the rising value of the land component, a shortage of new stock on the market in these areas and the ability to create extra value (by…[Read more]