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As per my last post. Calcs are based on 100% finance, so no deposit fudging here lol. I'd disagree re depreciation though as this can make a huge difference to the after tax position of the property. Particularly if you renovate or add a GF. Sure it gets added back at CGT time, but thats only if...

Well I guess this depends on a couple of things like the amount of deposit and depreciation. Im basing my numbers off the purchase price though as if 100% financed as this gives a full picture. With interest rates being in the mid 4's cashflow neutral is definitely possible, I just hope once the...

Thanks everyone, So fairly mixed views on Western Sydney then lol. I'd really like something close to cash flow neutral and ideally with opportunity to develop further down the track and without going into country NSW, Western Sydney (particularly South West) seems to represent the best...

Hi All, Im sure I'm not the only one, but really interested in buying a house in Western Sydney whist I can still get something for around $500K. Is this realistic, or have I missed the boat already. The market seems very fast that way. Still very new to this so thinking of engaging a...