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Updated over 2 years ago,
only 3% cash on cash, worth it?
Hi, I’m living in Australia on a temporary visa which will be changed to permanent in 2 years. for a 300k prop I wanna buy, I have to pay 30k more than other people as stamp duty because I’m on a temporary visa. but the prop still giving me 3% yearly cash on cash. I’m not sure it’s better to wait 2 years to get my permanent visa to waive that 30k or just buy it now? thanks for your advices in advance.
Amin