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by ajxs
384 days ago
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Where do I input the yearly growth of the property's value? Property prices where I live in Sydney have grown ~7% on average over the last ten years. That's higher than the average loan interest rate over the last ten years of ~4.5%. It's possible to find some other investment that earns more than ~7% profit, but in order to really be more profitable it would also need to cover the amount you spent in rent over that period. |
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