Property prices in Australia rose by 175% over the 17 years from 1990 to 2007. And despite a small wobble during the GFC, they have since climbed by a further 60% to leave them 350% higher than in 1990.
Has Bill Shorten's threat to end negative gearing got you thinking about buying an investment property before the election? You might want to hold off.
So you're thinking about turning your home into an investment property? You need let your lender know and be aware that your interest rate might be higher as an investor.
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