Why should you build your investment property? Lucrative Tax Benefits Through Depreciation With a brand-new, built investment property, there are significant tax savings. Through depreciation, or general wear and tear, you are able to claim tax returns each year. If your property is negatively geared – that is, you returns on rent do not meet… Read more
Why should you build your investment property? Save on Stamp Duty When buying a property, you pay stamp duty on what is physically at the location at the time of purchase. With an established property, this amount is calculated on the land and house together. However, when building a brand-new investment property, this amount is… Read more
Why should you build your investment property? Tenants love new property Building your investment property means you will start off your investment journey with a modern, brand-new property. When it comes to competing in the market, tenants favour brand new property to established properties, and your property will have a cut above the rest.
Where Should My Investment Property be Located? Avoid Bad Neighbourhoods Neighbourhoods with unsavoury reputations are good areas to avoid. Generally, while you may find a low-priced property, and return comparably high rental yields, the capital growth potential is low, and maintaining reliable, long-term tenants may become an issue. Looking in areas with stronger demographics will… Read more
Where Should My Investment Property be Located? Avoid Poor Neighbourhood aesthetics Any investment property needs to be appealing the tenant to live in. The look and feel of the location, as well as the community and crime rates will have an impact on the overall performance of the property, how rentable to property is, and… Read more
Where Should My Investment Property be Located? Avoid Poor Infrastructure Localised issues can have a large impact on the performance of your property. Things like large overhead power lines can have an impact not only on your tenants health, but also the way the bank views your property, and the likelihood of you getting a… Read more
Where Should My Investment Property be Located? Avoid single Industry Locations Single industry locations, in particular mining or defence towns, are risky investments. This is due to the potential for the employment hub – whether this be a mine of defence force base – to close down. This will diminish the rental pool, causing your… Read more
don’t invest in mining towns – or small towns Mining Towns and Single Industry Locations can be a trap for property investors. Where Should My Investment Property be Located? Mining Towns and small, single industry locations. They are often spruiked to property investors as great places to invest. There are promises of high rental… Read more
Where are the best suburbs to invest in? Where are the best suburbs to invest in? Well, sometimes is easier to flip the question and focus on the suburbs to avoid. How to Avoid Suburbs Saturated with Rental Properties When choosing the best suburb to invest in, it’s essential to look beyond the… Read more
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