A lot of media attention over the past few weeks has focused on Federal Health Minister Sussan Ley after it was alleged she used taxpayer funded flights to the Gold Coast to purchase an investment property. Ley has since resigned from her position.
What hasn’t received much attention are the details of the property she purchased. Ley paid $795,000 for a two-bedroom unit in a high-rise apartment block in Main Beach (just north of Surfers Paradise).
No matter if you’re playing a game of Monopoly or partaking in your own real life version of property investing, you increase your chance of success by the number of properties you control.