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  1. giraffe

    Buying Outside Sydney for around 100k

    Some good ideas there - sorry about the silly questions, I usually work/research pretty hard once the ball is rolling but property investing is still very vague to me :) Thanks for the propertyguide.com.au reference and I love the idea of subscribing to local newsletters .. Have you...
  2. giraffe

    Buying Outside Sydney for around 100k

    Thanks again everyone for your support ! Jacque, i've checked out some Singleton listings on realestate.com.au and found that many are well over $200k - I just can't beleive homes cost this much - I guess 200k isn't THAT much money when you earn 40k+ a year though :) Do you feel that...
  3. giraffe

    Buying Outside Sydney for around 100k

    Glenn ! Thank you for your reply, I appreciate you re-doing the math with me, it helps to understand that i'm not missing anything. Firstly, I automatically considered a P&I loan at a fixed rate of approx 7% for 3-5 years. Don't ask me why :) Is there any reason why this might be...
  4. giraffe

    Buying Outside Sydney for around 100k

    I have no experience buying any property but based on my deposit of 20k and small income I would like to buy a small cheap property anyway to get started. My target price range would be 80-120k. Because I have lived in Sydney for such a long time I have a strong belief that if the property...
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