Search results

Hi Evend Your example is exactly for a neg geared property Yes back then bought property between $60-80k and rents were 100-120, in fact I received $130pw, but the interest rate was 14%. This was in the day where the interest rate for IP's was an extra %:( So rent was $6760pa but interest...

Hi tc As you say the +ve property was an aberration where an OK return at maybe 7-10% and a low interest rate met. It was only the low interest rate that created the positive return as really the returns from property have not moved much until recently. Just to put a bit of anecdotal history...