All Topics / General Property / buying property

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  • Profile photo of shubhshubh
    Join Date: 2009
    Post Count: 22

    I have 40% deposit to put down with an excellent rental income – 2 and half times the mortgage ! Would it be good for investment purpose? Any advice would be greatly appreciated, thank you.

    Profile photo of L.A AussieL.A Aussie
    Join Date: 2006
    Post Count: 1,488

    If you are investing for cashflow, then yes.

    If you are investing for cap growth – no-one knows. Look at the area; infrastructure, employment opportunities, amenities etc.

    Profile photo of TerrywTerryw
    Join Date: 2001
    Post Count: 16,213

    Yes, don't just decide on rent.

    What if the place was a dud and the rent didn't go up for 10 years.

    You want some capital gains – probably more so than rent. CG will make you rich,

    Terryw | Structuring Lawyers Pty Ltd / Loan Structuring Pty Ltd
    Email Me

    Lawyer, Mortgage Broker and Tax Advisor (Sydney based but advising Aust wide)

Viewing 3 posts - 1 through 3 (of 3 total)

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