what is Depreciation – and why is it important on a brand new investment property Depreciation is one of the most powerful tax benefits available to Australian property investors. If you’ve purchased a brand-new investment property or a house and land package, you can claim thousands of dollars in tax deductions each year—boosting your cash… Read more
House Inspect Australia’s Litsa Adamou, South Australia’s first female building inspector, prides herself for her passion for building. As a licensed builder herself, she believes it’s critical to undertake a full suite of inspections, creating a clear building inspection process—from frame inspections to pre-turnover building and pest inspections—to ensure a quality build. This article… Read more
What’s the Big Deal? You’ve probably heard the terms duplex or dual key being thrown around in regards to investment opportunities. So, what’s the big deal? What is a duplex, what is a dual key, and why should you invest in one? What is a Duplex Property? A duplex is a single residential building containing… Read more
Australia’s Internal Migration 2020 2020 was Australia’s year for internal migration, with tens of thousands of individuals and families choosing to move between states. Several trends were seen throughout the interstate resident swap, including a clear inclination towards regional areas. A net total of 43,000 Australians moved from capital cities to regional areas last year…. Read more
Building homes stands to be the best sophisticated strategy for investors looking to expand their portfolio and ultimately create more wealth. However, there are many aspects to be considered in property, including the quality of the build itself. What are the common issues in a new build, and how can investors protect themselves from them?… 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
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
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