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  1. Propertunity

    Which one PPOR or IP ?

    As to best time of the year to rent to students - be guided by a good PM that specialises in the area. There are a good couple of them. Stamp duty is not payable on a PPOR where you are a FHB (as the rules stand at the moment). You will only ever get 1 stamp duty concession + 1 FHOG. During...
  2. Propertunity

    Which one PPOR or IP ?

    alexlee is quite right. If you want to get ahead in your wealth creation, then you need to live as cheaply as you can yourself (rent & no PPOR purchase) + invest as much as you can. I can see a few holes in your strategy, I hope you don't mind me pointing out. 1. If you are buying Uni...
  3. Propertunity

    Which one PPOR or IP ?

    You have 3 options if you want to buy in Newy and work in SYD: 1. Buy a PPOR in Newcastle and travel up and down for 6 months (lots of people do it), then make it an IP 2. But a PPOR in Newcastle and live in it on weekends and maybe one day mid-week (its only for 6 months) 3. Buy an IP in...
  4. Propertunity

    Which one PPOR or IP ?

    The answer will always be "it depends". Here's a general answer knowing nothing about your circumstances. Buy a PPOR. You will get $7K from the Feds, $3K (I think still?) from the state of NSW + you will pay no stamp duty. Live in it for 6 months minimum. Then make it an IP if you want or...
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