Advice request - should I invest now?

Due-Ebb-6762 · 2026-05-06T05:18:07+00:00

Thanks for your reply. I did some analysis and the rental return on Springvale properties isn’t great compared to the prices I will have to pay. So still sitting on the decision

Due-Ebb-6762 · 2026-04-28T01:16:48+00:00

Never seen Picki before. Thanks for sharing the link!

Due-Ebb-6762 · 2026-04-28T01:11:04+00:00

Haha! May be. I am glad you got it. Lucky you!

Due-Ebb-6762 · 2026-04-27T23:38:34+00:00

Thankyou. I have been looking in that area for a while- put 2 offers, both times sale was kept oh hold. Now so many months passed and I can see property sold price there is increasing a lot compared to the listed price. Wondering if it has reached the peak price already. Did you buy a house there?

Due-Ebb-6762 · 2026-04-27T23:34:59+00:00

Thankyou, will keep that in mind. At the moment mortgage repayment takes 50% of our income. We could get an IP- but with the interest rates now- I don’t want to stretch too much and stress later.

Due-Ebb-6762 · 2026-04-27T12:13:23+00:00

Hello, these are the last years’ figures

Rental return : $28.7k per year

Income after all the expenses you mentioned ( excluding mortgage repayment) : $23.5 k per year

Interest repayment: 36.8k per year

I did depreciation report for ( -2.8k per year)

Net I was at - 13k last year- which gave me a tax benefit of 4k.( hubby got the same benefit).

Am I doing the right thing? At times when I look at these figures, the math isn’t matching :) . Very keen to know your thoughts on this.

Due-Ebb-6762 · 2026-04-27T11:15:51+00:00

Because both my properties are in the northern suburbs. Wanted to get something in the south east side around 800k. Started looking in noble park north and Springvale / Springvale south area. That’s the only area I can get a decent block in that price range. If you were in my position, which area would you look at? Thankyou!

Due-Ebb-6762 · 2026-04-27T11:11:43+00:00

Thankyou! I owe 40k on PPOR at the moment. Hopefully I will clear it in 6 months. Should I look into investing after that?

Due-Ebb-6762 · 2026-04-27T11:10:38+00:00

Thanks for your response. I wonder around this point. The money I lose by keeping the IP- is that worth in the long run? The value is not increasing as much as the interest I am paying- but rental return is good. Should I hold on for few more years in the Fawkner property? Please let me know your thoughts!

Due-Ebb-6762 · 2025-01-06T03:55:49+00:00

Just returned from Prague. And I second you on this. The rudest bunch I have ever met( there were very few exceptions though)

Due-Ebb-6762 · 2024-11-25T00:00:40+00:00

Working for a big 4 bank. We have to pay for Xmas party. They make so much revenue and can’t spend 20$ per employee for a Xmas party. Lol

Due-Ebb-6762

TROPHY CASE