Forums / Property Investing / General Property / investing in australia

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  • Profile photo of clairenicholsclairenichols
    Participant
    @clairenichols
    Join Date: 2005
    Post Count: 1

    I am a new investor and am not into taking high risks. I am considering investing in the areas of QLD, WA or Sydney in Australia. I am a little unsure as to how the increase in interest rate at the end of the month will affect the market as I don’t want to buy during a peak and have to spend more than I need to.

    Is there any advice that any of you can give me in finding an investment property and what to look for? I also don’t know if I should negative or positively gear the property.

    Cheers,

    Claire [biggrin]

    Profile photo of The DIY Dog WashThe DIY Dog Wash
    Member
    @the-diy-dog-wash
    Join Date: 2003
    Post Count: 696

    Hi Claire

    Welcome to the forum.

    Without exactly answering your question, I think you should spend a lot of time in this and other forums like it before you get started so that when you do buy the risk will not be as high because you will have learnt what to do not just followed the recommendation of a stranger.

    Cheers
    Leigh K.

    http://www.ldesignegallery.com

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