Great advice - don't wait! Get into the market anyway you can before interest rates drop in 2025. We bought our first investment property in Brisbane using our SMSF in Dec 2023 for $455k & using $150k deposit. Is now worth $600-620k. After all costs my Super went up 40% in the last year. Way better than keeping it in Super that had negative returns thru Covid & not supporting the most corrupt industry & biggest rort in Australia - the Superannuation industry.
Great advice - don't wait! Get into the market anyway you can before interest rates drop in 2025. We bought our first investment property in Brisbane using our SMSF in Dec 2023 for $455k & using $150k deposit. Is now worth $600-620k. After all costs my Super went up 40% in the last year. Way better than keeping it in Super that had negative returns thru Covid & not supporting the most corrupt industry & biggest rort in Australia - the Superannuation industry.
The problem is I only have $30,000 in super so doesn’t work for me but it’s a great strategy for people with a bigger balance in super !
Great insight! It's a no brainer!
Thanks Eddie I’m going to get onto my Super now
Are there still properties, i mean houses or townhouses in Perth under 400k now?
Thanks for the crucial information!!
How. I have 60in super
1 goal of mine is to meet Eddie D one day in 2025 :)))
bro ya link doesn't work
Why did it sell for $229k in 2009, and then in 2020 you bought it for $135k? What if that happened after 2020, huge risk
putting on a bit of weight eddy. back to the gym