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Hi /biz/ Saving for property in AUS, I am wanting to buy something

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Thread replies: 4
Thread images: 2

Hi /biz/

Saving for property in AUS, I am wanting to buy something within three years. I need a deposit of at least 100k AUD.

Am I worth investing around $30k in index funds, or saving up for the three years in a high interest account roughly 3% P.A during the three years?

I will reach the 100k goal in 2 years.

Thanks.
>>
Buy a cheaper property
>>
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1466814156573.jpg
15KB, 480x343px
>>1403734
I'll tell you my game. maybe I'm wrong, maybe I'm right
>buy gold / silver / bitcoin
>wait for RE bubble to burst
>buy RE
>>
>>1403766
Cheapest price of a 2bd unit in Melb or Sydney is about 350K if you're very lucky.
100K is the safest starting point for 20% deposit+stamp duty+other expenses.
Thread posts: 4
Thread images: 2


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