Why should you buy an interstate investment property? You might be the kind of person who wants to “try before you buy”, and visit your investment property. Looking in your home state feels “safer”. Maybe you have an emotional attachment to your hometown, and think your tenants would be best off living where you grew… Read more
Can I Profit From a New Build? As someone who has advised on hundreds of properties through our network, it frustrates me when ill-informed commentators generalise that new builds are a below-par investment. Some mistakenly believe new constructions are generic – where every home in the estate is identical to its neighbours. They can’t seem… Read more
When it comes to selecting the best possible property investment, there’s no denying the old adage of ‘Location, location, location’ applies as much to new housing as to established property. It’s the lynchpin of success because, unless you’re renting out a caravan to tenants, location is the one variable that’s impossible to change. … Read more
Why should you build your investment property? Work with Quality Builders At Prospa Property Advisory, we see many clients who have had negative experience with builders in the past. At Prospa, we have an extensive selection process to allow builders to become part of our panel. These are trusted builders with proven success. We also… Read more
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? Warranty Protection for Your Investment Property With a brand-new investment property, everything in the home will be under warranty. This allows you peace of mind with the knowledge that nothing should go wrong, and even if it does, you know there will be a quick and easy replacement…. Read more
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
Adam recently had the opportunity to interview Bushy Martin from Know How Property Finance. It was an off the cuff interview, where we got Bushy’s feel on how the Australian property market is looking after the recent federal election. The great news is Bushy shares our sentiment that the property investment landscape is looking very… Read more