this post was submitted on 06 May 2024
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Very tempted to sell some of my stoncks, and buy a 2 bedroom older walk up unit. Still have room for the CGT taxable part of the sale to go into First home super, and it's de-risking in case of a crash.
There's a tonne of them coming up for sale right now, and the mortgage + strata payments work out to be around the same as the rent.
What price range are you looking at?
Under $500K. Ideally under $450K.