I had to re-read your post, I thought it was 375,000 after getting diverted to the link. Came back to find I was dyslectic.
$735,000 is a little over the top!
'alright' is not good enough.The rest of the country has been ploughing ahead. Adelaide is on government funded life support. All major projects around Adelaide are publicly funded by the tax payer, there is very little private investment.
Don't get me wrong it has many good things to offer...
For what seems like a very reasonable area, there are some opportunities out there. Being around Paradise it must be good! :p You've done well Brady. Keep us updated.
P.S - I still owe you a beer. ;)
Although not directly related to property investing,the ABC's Four Corners program on Monday provided some inside into Elizabeth.
http://www.abc.net.au/4corners/stories/2014/04/14/3982809.htm
As someone who has lived in Melbourne (most of my life), Perth, Brisbane and now Adelaide I really...
The richest one percent of this country owns half our country's wealth, five trillion dollars. One third of that comes from hard work, two thirds comes from inheritance, interest on interest accumulating to widows and idiot sons and what I do, stock and real estate speculation. It's bullshit.
What about this business about having your PPOR loan with a different lender from your IP lender? What are peoples thoughts on this?
Does it really matter for less than 3 IP's and a PPOR?
.3% makes $1020 difference on $340k. Personally I'd notice this missing from my bank account. I take your point though the interest rate is not everything.
I called the CBA today to link a new account to a card and when asked how else they can help, I said I want a reduced interest rate. I was advised to find a lower rate being offered by any of the 'major' institutions and they will escalate the request to their retentions department. I'm...