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Your assessment is not far away.All countries seem to be tied...

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Furpo2

10,431 Posts.

47

03/04/21

21:06

Post #: 52239151
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Originally posted by MrMarcus: ↑

I feel for your trauma. I had crap tenants, and good ones. But the crap ones are most memorable by far. And that was many years ago. I got out of the circus. Never fk-ing again.

In an average year - you might get 4% annual net (but before tax to your situation - company, trust, personal), but probably less - from the rental....and then depending on location of course and other factors - 3-5% annual capital average growth. Which a realtor will eat an amount should you sell. They will eat about a years worth.

I got no advice but unless you are very very clever and ignore realtor advice - city fringes turn into money - eventually - mostly. That was the only thing I learned. But I didn't learn as well as I should. Just the market I lived around.

For me, and only me - and not advice at all.....I am into global funds with fixed interest investments for now. I do not see the AUD further rising much, if any. Global interest rates in Western economies look too low - across the board, and given their individual government spending plans. Mortgage rates in Australia (variable) will likely be 5% one year from now. The AUD has no real reason to go higher. I hold almost no ASX shares. Just a couple companies for heritage value.

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Your assessment is not far away.

All countries seem to be tied into a low interest rate;
and there are risks with raising them as an influx of cash
could raise currency value and trash exports.
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