Recent content by Cooper

Parramatta and Auburn? Surely on every measurable metric they're statistically different?

Yes, it's the idea of locking away 350k that's I've saved, invested for the last 7 years and that is producing an ok income stream (until the rba **** up again and cut interest rates), and locking it into a 25 year mortgage. I know, it wont take that long to pay it off, but that's not the point...

Yes, that is in essence the dilemma. It is hard earned cash and at the moment I only pay 590pw rent and even with a 45% deposit my repayments will be ~5.5k/m (well of course depending on the property! Could make it <3k if I wanted to live in a dump) . But the bigger the loan, the more I'm...

Glebe I'm talking PPOR I would never ever buy an IP in Aust simply because prices are way too high and have been for far too long. In fact I'm going to convince my girlfriend that even if we could buy a PPOR outright it's a bad investment decision. I found the following link last night which...

Hi everyone, long time lurker, first time poster. I'm finally in a position where I can buy my first place (PPOR) in the innerwest of Sydney (well someone does). I have a few reservations, but my girlfriend is really putting on the pressure. I only have a 30% deposit (maybe a little more...