2020 was a challenging year for many people. Job losses, sickness, changes to schooling, toilet paper shortages and cancellations of travel and events have left many households in a stage of recuperating, rescheduling, and restarting. The global pandemic affected everything, and property all over Australia saw new trends emerge to what is now an extremely… Read more
Hi, I’m Adam Hindmarch, Managing Director & Principal Strategist at Prospa Property Advisory. Over the past few years, I’ve been lucky enough to combine one of my passions with a career – that passion being property investment. Having come from very humble beginnings, home ownership has been important to me from a young age…. Read more
At Prospa Property Advisory we regularly speak with investors about the benefits of building a brand new investment property, rather than buying an established property. I know what you’re thinking: it sounds like a headache, particularly if you’ve never built a home before. Or, if you’ve had a negative experience with a builder before this… Read more
Hear Adam’s personal story about how he started out as the world’s worst property investor.
Why should you build your investment property? We Do the Heavy Lifting When you build your investment property through Prospa Property Advisory, we take all the heavy lifting out of the build process. This means you get all the benefits of a new property, without any of the additional stress. In addition, every property we… 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? 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.