Thanks Paul and Terry  

Alot in Guildford have been very close to neutrally geared but this one in particular is surprisingly.  

What are your thoughts on the last part of my question?

HI Shahin, 

Thanks for that. 

I have been looking further out west for houses, but for my first purchase i have decided to stick to these areas and stick with a unit. I am looking at buying very soon so i can take advantage of the IR. Because of this, im more inclined to have a neutrally geared investment. 

Im really confused because with Granville and Merrylands, alot of the apartments are proving to be negatively geared big time! Some how Guildford is proving otherwise. (Bearing in mind my strategy is capital growth). This is why i am such a troubled child  

You do make a point with the over supply. 

Although there is an over supply now, wont making Guildford more residential drive housing prices up? Or because of over supply and forecasted oversupply drive housing price down? (Competitive market maybe?)

Regards, 

Sam 

Early 300k. 

Why avoid Guildford? 

Regards,

Sam

Is 90% the highest lenders will do ? 

Can they do 95% loans for NRAS?

As far as i am aware, 

Cons: 

– restricted market for re-sale and tenants 

– Can't sell it for 10 years 

– complications with resale (which i am unsure as to why, i was just told) 

Pros

– Cash flow

– high demand

– Long term tenants (skeptical) 

– tax advantages 

Anything i am missing?

I feel that the pros are pretty self explanatory, its the con's that seem to be more difficult understand. Because its so heavily regulated i'm worried i might miss something. 

Regards, 

Sam