If you were in Brisbane - with only $500k to your name as cash in the bank, what would you do with it right now? You have a good income and could afford to service whatever your liabilities are.
Options:
1. Spend the majority on a deposit for a nice property. Invest the rest in shares.
2. Purchase 2 properties - one as a first home, one as a rental.
3. Stretch and purchase 3 properties.
Which suburbs would you go for? What sort of property values would you be aiming at?
Appreciate your thoughts peoples.
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If you were in Brisbane - with only $500k to your name as cash...
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