property vs cash

  1. AJ_
    324 Posts.
    Hi - i'm young and thinking about buying a property (in melb) but prices have not come down much - I was wondering has anyone done the sums on investing in property versus just sticking the money in a bank @ 8.5% (current bank west high interest rate) ? ie) on $100k which would be better of given average rental yeilds and average growth over 5 or 10 years ?
 
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