Recent content by FoxFinance

With rates in AU being historically low, and people being able to borrow more, demand for real estate can only be increasing. And since the supply in Sydney is lower than demand, it will be pushing the prices up. For how long? Until the rates start going up I guess. With the current inflation...

The closer to 0 the better... The vacancy rate in Parramatta is currently 2.5%, Merrylands 1.6%. In my opinion Parramatta is maxed out or close to it. With the last 5 years medium growth being 24%, and average annual growth of 4%. Merrylands has done better, with a 5 year medium of 33%, although...

La Trobe should be able to do it at 80% LVR.

Hi Anna & Glen, It could be slightly overpriced. I have just run an RP data report on this place, and the estimated price range is from $450k to $550k. I could email it to you if you like. Apparently 3/99 Baker st is on the market at high $500k ? Please email me if you would like the...

Yes, you are correct, interest on the 26% borrowed against owner occupied (when borrowed for investment purposes) is tax deductible. You can also add Depreciation to your list.

Brokers are required to make "Reasonable Inquiries" & your Super is an asset, which, if disclosed in your Assets & Liabilities position makes the deal look stronger. Although not disclosing assets to the bank is not a crime (as apposed to not disclosing liabilities). Unless of course you came...