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Yes all valid points jaycee but the last one requires a crystal ball, depends on timeframe and whether you want to punt on cap gains or prefer cashflow.. however it's likely the property will be worth more in real dollars than a term deposit that's been eroded by inflation.

Any interest on income earnt is fully taxable. Any rental income is also taxable but can be offset by claiming deducations against it such as loan interest and outgoings (PM fees, maintenance, depreciation etc). Disclaimer: I have an interest in the block of flats pictured on page 4 of this thread.

Hi Wylie, yes the property is on one title (not strata titled). There's advantages and disadvantages to both, the main ones being outgoing costs and using it as security for future lends. A strata titled block of units has higher outgoings.. council rates are much more expensive if they're...

Block of units Hi Wylie, i reckon this block of units next to the Broadwater on the Gold Coast would be a good buy.. great position returning $72k per annum Block of 5 units Gold Coast waterside units This block of 5 units is only 50 metres to the water front park at Labrador, right on...