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  1. H

    First IP where to buy in Melbourne

    Due to your equity position a growth property bought well with an okay yield would me my first move if I was in your position. You don't want something too negative as this could limit your options moving forward yet need some good growth as a base to be able to purchase again. I would take your...
  2. H

    First IP where to buy in Melbourne

    Why only hold for 4-5 years? Transaction costs involved with buying and selling could destroy any profit. Returns compound over time so unless you are approaching retirement consider expanding your time frame greatly unless it is a poor investment IMO
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