No, I was hoping to buy interstate actually. Not much happening in SA at the moment as far as I know.
Hi again, and that precisely is why I asked that question. There've been concerns about sustainability & current auction rates & high volumes of stock in Brisbane. So interstate where? Maybe Perth?
But from all accounts, it's likely to be flat.
So considering your LVR position, why rush to pay LMI when there's such a high probability that cap gain is going to be very slow?
Unless your tax bracket is so high that you need to maximise borrowing, you might want to consider other ways of achieving your investing goals.
KY
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