Recent content by myty22

I've been watching Nth Melb and West Melb over the last couple of years, waiting for it to really take off. Its always had very good growth but still hasn't reached the heights of other inner city suburbs. If you pick your pocket right you can get some really good returns. I had a unit for a...

Thanks for the reply. Seems like the stamp duty would be the problem. Other way I was thinking was to get my wife to sell her share to me (or vice versa). That way we'd at least have half of the equity.

Hoping someone can set me straight on the rights and wrongs with the following scenario: PPOR1: val $700,000 equ: $600,000 IP1: val $420,000 equ: $120,000 IP2: val $420,000 equ: $110,000 Now I'm looking at buying another PPOR for around $850,000 and out of the 3 properties...