Hello!
My partner and I are 27, and considering purchasing another IP whilst our earning ability is high, and things are stable (ie no dependants yet!).
We currently have:
- 1 x 2BR unit in TAS which provides great cash flow (nothing else!)
- 2 x 3BR houses in Logan area, QLD which pay for themselves (we got cheap before the rush)
- 1 x 3BR house in SE Melbourne which we live in, but will rent next year when we plan on moving.
We want to spend max $300k for our next property, which will gain capital (over the next 10-20 years - not drastically), whilst being positively geared (or neutral).
Interested to hear people's opinions, where would you buy in Australia if you were in our position?
Thanks in advance!
My partner and I are 27, and considering purchasing another IP whilst our earning ability is high, and things are stable (ie no dependants yet!).
We currently have:
- 1 x 2BR unit in TAS which provides great cash flow (nothing else!)
- 2 x 3BR houses in Logan area, QLD which pay for themselves (we got cheap before the rush)
- 1 x 3BR house in SE Melbourne which we live in, but will rent next year when we plan on moving.
We want to spend max $300k for our next property, which will gain capital (over the next 10-20 years - not drastically), whilst being positively geared (or neutral).
Interested to hear people's opinions, where would you buy in Australia if you were in our position?
Thanks in advance!