I am currently looking at buying my first property. Average wage of 65k (company car), average size deposit (20k), looking to try and buy in a good area in Newcastle first up by buying with a friend in a very similar position.
No need to throw warnings at me about friendships breaking up as we'll sort out a final agreement (we share a house already). I'm really hopeful that a 400k house becomes a $180k mortgage which is far more manageable and from there I can afford to make renos and do the joint up to make money from.
Congrats to those onto their 3rd, 13th or 33rd!
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- anybody working on the 3/4/5/6 property?
I am currently looking at buying my first property. Average wage...
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