Moving to Aus. What to do with house?
My wife and I are moving to Australia this year and are torn as to what the best move is with our house. We have a 620k mortgage coming off of 6.89% in April. Rental income won’t cover our mortgage repayments even with the current lesser mortgage rates. Is it a smart idea to keep the house as an investment while we work in Aus knowing that it will still be a while before rent covers the mortgage/rates etc, are we missing anything important?
Forgot to mention that this would be a permanent move to Aus.
TIA!