http://www.fvg.com.aui work there

^ no one was talking about the median house prices, your post makes no sense

hm so if i was to get the FHOG i'd have to purchase it has a principal residence?Meaning I cant claim as many of the expenses, but then again as i plan to keep this for a while, I will also pay no CGTthanks for all the great replies guys I really appreciate it

thank you all very muchin regards to my mum though, if she was to take the loan out under her name on her own home, wouldnt she have to buy it in her own name if it was to be an investment home?Or are you saying that I could buy a property in my own name, and she can apply for a loan with that house i purchase as collateral?

"Thirdly, the rental return on a house has nothing to do with it's value and vice-versa. They are both market driven. Look at the last few years. The cap gain has totally outstripped the rents to the point where in most parts of Aus the rent returns are crap now if you are trying to buy. "See I do not agree with this, I believe all property…[Read more]

yes but if a property was to have rent > interest to me it would seem logical that people walking through it would bid it up until the price of the properrty rises until interest > rent. For example if i was to buy a $260 000 home I would pay about $1500 in interest every month, which $260 000 property can achieve a rental of 375 a week? I know…[Read more]