Total Members: 159,193

Peter_T

  • Peter_T replied to the topic Current House Prices in the forum Help Needed! 13 years, 4 months ago

    itsandrew wrote:
    What's the time lag between actual sales and the time the data turns up in paid suburb reports like my rpdata?

    Data usually turns up in RPData & Residex reports once it hits the state revenue office.  This occurs 1-4 weeks after settlement.If you've got a 60 day settlement, the data might not show up in a report until 90 days…[Read more]

  • Peter_T replied to the topic Moving out of PPOR – help needed in the forum Is this a good property for 13 years, 4 months ago

    Is this a good property for an investment?Tax considerations are nice, and you're definitely paying a lot of tax.  Keep in mind though that if you're getting negative gearing benefits, it means you're taking $1 out of your own pocket and getting 40 cents back from the ATO.  It's still costing you 60 cents.If this property will have good capital g…[Read more]

  • Peter_T replied to the topic 2.99% How thats for a fixed rate loan. in the forum Finance 15 years, 6 months ago

    This is a great loan in the first year, but as stated it's a dog after 12 months.  It essentially goes to 5.64.  You save a lot of money in the first year, but pay it back over the next few years.  The deferred establishment fees also make sure its uneconomical to move to another lender after the 12 month introductory period.You can save money on…[Read more]

Peter_T

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