How Much Do You Need to Buy Quality Property in 2023?

I think with the deposit, I think a lot of people put too much pressure on how much they need. A lot of people think you need 20% deposit, but that's not really true. The SAIC government right now got a no stamp duty up to $1.5 million in New South Wales and there's other exemptions. It's an exponential curve. If you borrow 85%, the cost is much lower than if you borrow it at 95%. And it might not be as much as you thought, especially with all these other things. You know what your end point is, and it's not just, I just need $200,000 or whatever the deposit is for you.

Transcript

Play full episode

Transcript

Episode notes

The AI-powered Podcast Player

Save insights by tapping your headphones, chat with episodes, discover the best highlights - and more!

Get the app