Landlord fed up with funding investment property in Victoria prepares for move to Queensland - realestate.com.au

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Landlord fed up with funding investment property in Victoria prepares for move to Queensland

“We’re just ordinary, working people; I’m a registered nurse, my partner is an IT consultant,” Ms Cheng said.Ms Cheng said while the land their Mooroolbark property sat on was large, the house itself was quite small.Jian Cheng is a landlord who’s fed up with the huge land tax. Picture: Mark StewartShe added that the reason they initially chose to invest in property was for retirement by paying off their mortgages through the tax incentive, so they didn’t have to rely on the government.

“We have to sell to live comfortably without worrying about future increasing interest rates,” she said.“This Victorian government, every policy is against the people.”, investment property has been listed with a $780,000-$850,000 asking price via Stockdale & Leggo Croydon’s Chris Price.

 

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