Hi dcincome,The Canberra property is my first IP, so am naive when it comes to numbers. Sorry. Originally, hubby & I were looking at the Sydney market, but the repayments would tie us down for further purchases (hubby likes inner west houses).  We live an hour away from Canberra and only made this  move a year ago(was living in Riverina). After a…[Read more]

Hi everyone,I'm a newbie in IP, but have recently bought an IP in Canberra. We are dealing with L.J Hooker. They seem to be good so far. They are charging 11% commission, staggering compared to Sydney. The IP still need to be tennanted, but the proposed returns are very good. My husband and I are self-employed in the hospitality industry and live…[Read more]