The cost to hold an investment property hits an all-time low
Over the last few weeks, lenders have aggressively cut fixed rates, particularly for investors that borrow on an interest only basis. Three and five year fixed rates now range between 3.18% and 3.40% p.a. This means the cost to hold an investment property is as low as it’s ever been. This doesn’t mean we all should run out and buy an investment property. The cost to hold a median propertyThe graph below charts the annual after-tax holding cost of a median value house (average of Melbourne &am...
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