Money Magazine

Buy a property in WA’s wine country or stay put and invest into managed funds?

A place in a wine-growing area sounds good in theory, Nathan, but despite all purchase costs up to $400,000 being covered, I am far from convinced this is your best strategy.

Let’s start with the big picture. You have excellent family income of $215,000 pre-tax. This means you will have some $20,000 a year going into super from

You’re reading a preview, subscribe to read more.

More from Money Magazine

Money Magazine2 min read
Destination On The Road Again
1. Great Ocean Road, Victoria Allow a good three days to take in the wonders of this incredible drive, which winds its way for 664km from Melbourne to Apollo Bay and Port Fairy. The first leg, from Melbourne to Torquay and onto Apollo Bay, takes you
Money Magazine1 min read
Worthy Of Display
Dinosaur Designs bridges art and nature with this gorgeous Wide Paradise vase in Grape – the scalloped edge makes it positively tulip-like. The 20.5cm-high resin vase can hold a bunch of beautiful flowers or stand alone as a sculptural piece. How muc
Money Magazine1 min read
Property
▶ MORE PROPERTY STORIES ON P60-65 Higher living costs and power bills are motivating Australians to place greater importance on the energy efficiency of prospective homes. The majority of respondents to a recent survey conducted by PropTrack consider

Related Books & Audiobooks