Where can I park $600k short-term for high interest before buying a house?

[ArdhaZubat3]

Hey there – just got an inheritance of $600k and I'm on the hunt for some good short-term options with solid interest. I'm hoping to use the funds to buy a house here in Australia in the next couple of months.

 

[jenchiwitness]

Search compare high yield savings accounts. You'll find helpful sites for comparing rates and features. You may need to split your money across multiple banks to maximize interest. Consider $250K per bank. Macquarie and AMP offered the best options last I checked.

 

[EchoFlux88]

Put everything in gold and silver and wait a few years

 

[Gervandrew]

All on red is pretty short term.

 

[FitzBrown42]

You would be better served just straight up buying now.

 

[SonicFall200]

Buy three houses. Use two as investments. Keep one as your primary residence. Follow this ten year plan. Become debt free effortlessly.

 

[grammarick]

Given the scarcity of reliable short term options, might it be wise to consider buying now?