poombar

poombar replied to the topic Need bigger place to live in. What to do with my PPOR? in the forum Help Needed! 10 years, 5 months ago
Valuation has only been done last 3 months. There is a talk of market cooling down but it’s still crazy here!
Main reason why i am considering selling is because of CGT exemption and it’s ownership structure is not ideal as an investment. It is jointly owned with my wife who doesn’t have any income, not ideal when I want to get more loan and…[Read more]
poombar started the topic Need bigger place to live in. What to do with my PPOR? in the forum Help Needed! 10 years, 5 months ago
I live in a two bedroom apartment in Sydney near a station and hospital which I own with mortgage of 270k and LOC 170k (100k drawn to buy another interstate investment – house and land package due for completion in november). My PPOR is valued at 540k but there are already comparable sales at $600k within 6 months of valuation. I also have…[Read more]

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