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Well kero, the RBA has indicated that they will not hesitate to increase rates on the back of higher unemployment. Inflation is also starting to flair.. so even though we may be safe for the next few months, in 12 months time expect increases, not decreases. RBA has indicated they have ended the...

because the 5 year fixed rate is a more realistic figure we should expect to pay over the next 5 years. The current variable rate will NOT stay at 5%PA for long.. they are talking 6%PA by mid of next year.. I'm sure the banks wont hold back once there are signs of recovery...

there is no point in saying "we have 50% deposit, so this property is cash flow positive" you need to work it out with 100% finance, especially if your drawing on equity elsewhere to fund your deposit. But sure, as you pay down your IP, and rent goes up, this means your IP will be CF+ sooner...

Generally properties will not be cash flow positive from purchase, however it will take a couple years of rent increases for this to happen.. in the mean time, deprecation and other costs will give you tax deductions which means the tax man will assist with holding costs. People also slap on a...