question
Q: I'm looking to move from my home in Brookfield, Vic to a 1 bedroom apartment in south Melbourne. I own the house in Brookfield outright but I believe I would on get up to about $300K for it. looking for the best way to get into apartment. i.e. Sell current property or rent it out. Rent in South Melbourne or buy etc. I've been told by lenders etc that I'm in a good position but m just looking for the best way to make the move happen. So rent out and pay tax or buy and cop a mortgage? Thanks
