Hi everyone, i'm am a total newbie, so my first post. have looked at forum for a while and am out looking for our first IP. Have looked at brand new houses in a popular Brisbane west suburb, 4 bed,2bath, dbl garage, 600m2 block , turnkey finish for 409,000. about 3 minutes further into suburb, an ex-display home for sale. 4bed, study, lounge, family, rumpus, 2 bath, patio. on market for 419,00, closer to schools, shops, transport, owner has refused offer of 380 (not from us). My question, is it better to buy new so that we get maximum depreciation or go for the more established 8yr old house, and still get depriciation?. I hope you dont all think this is a stupid question, but am really trying to get my head around all this.
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