Pros and cons of property investing after the federal budget’s changes to CGT and negative gearing

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Sarah Pyke, a 38-year-old accountant from Sydney’s north, is a poster child for how property investing has helped many people build wealth.

Pyke’s five investment properties – she has never owned a home she lives in – are spread across Australia’s east coast. All have enjoyed capital and income growth in the years since she bought them, starting with a unit in Wollongong 16 years ago.

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