W
WebBoard
Guest
From: Anonymous
I am currently debating whether to sell a 2 bedroom flat in Bondi Junction, so I can buy a house in Watson, Canberra.
The Bondi Jnc flat needs some capital investment - short term I'm looking at having to make a contribution of $10,000 - $20,000 to the body corporate for repairs to the building.
I have an existing mortgage on Bondi for $41,000, and can borrow up to $200,000 more to either buy somewhere in Canberra (but not much available in that price range in the inner north), or buy out my parents' share of the flat. My total mortgage would then be about $250,000 which is the maximum I can afford.
thanks for any advice
I am currently debating whether to sell a 2 bedroom flat in Bondi Junction, so I can buy a house in Watson, Canberra.
The Bondi Jnc flat needs some capital investment - short term I'm looking at having to make a contribution of $10,000 - $20,000 to the body corporate for repairs to the building.
I have an existing mortgage on Bondi for $41,000, and can borrow up to $200,000 more to either buy somewhere in Canberra (but not much available in that price range in the inner north), or buy out my parents' share of the flat. My total mortgage would then be about $250,000 which is the maximum I can afford.
thanks for any advice
Last edited by a moderator: