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Thanks guys for the replies. With the share buying scheme, wouldn't that essentially mean that I'd be cash rich but asset poor? With inflation and the cost of living increasing year to year, $250k would probably be worth less in say, five years time compared to now. I mean, having an additional...

I work in CBD at the moment and I want a PPOR in around the inner burbs as I've grown up around the area/like it/used to my surroundings. It's sort of a familiarity thing. My friends/family are all based around here and like you said, I am young and therefore I like to socialise. It's a...

Hi guys, thanks for all the responses. I pretty much knew most people would advise me against option 1, but am surrpised more aren't for option 2. Gools - I was considering an IP in Ballarat (less than $250k) and I doubt I'd find a CF+ one in that area. If I went further out, Horsham, for...

Thanks for your response but no need to be sarcastic. You don’t know my role/company/industry and I am not pulling figures out of my armpit.

I desperately need your help. I am looking to purchase my first property but am unsure what exactly to do. I currently have a sum of $250k cash to get into the property market. With the market cooling off recently, I am hoping to purchase a property by the end of the year. At the moment, I...