Hey Malaga ,
You need to allow for insurance , rates and maintenance ( or maybe body corp fees ) in that .
That said , you would have to sign up for 5 years to get 4.5% interest . E.g. Nab rates . If you are going shorter term , you end up in the threes .
Then of course , if you earn over 80k , then you have to give 37% to the government . That takes the shine off it a bit .
- Forums
- Property
- short, long, or neutral.
Hey Malaga ,You need to allow for insurance , rates and...
-
- There are more pages in this discussion • 70 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)