News
Capital gain required to justify investments

Tuesday 14th of October 2014
As part of its monthly Home Truths report, it has looked the rate of capital gains that an investor would require to justify buying a house.
The net rental yield on residential investment properties, once maintenance and management fees are considered, is usually less than the mortgage rate required to finance the purchase.
Westpac said: "Investors are willing to accept suc...
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