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Property represents a very secure and sound, long term form of wealth creation.
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Why Invest in property?
- Property is a solid long term investment
- Property investment provides capital growth
- Property market information is easily accessible and widely available
- Property is tangible – you can actually see and drive past your investment
- A well chosen property may provide a good steady return on investment and, over time, increase both in rental potential and property value
Choosing an investment property:
- The two most important criteria when choosing an investment property is location and quality
- A property located close to transport, schools, places of work, shops and recreational facilities will be in greater demand and usually command a higher rental
Presentation of your property: The better your property is presented, the easier it will be to rent and you are more likely to attract better quality tenants. Pay particular attention to the following:
- A well presented and tidy garden
- Appliances are in safe working order
- All minor repairs are taken care of
- General cleanliness
- Carpets professionally cleaned and any necessary painting completed
- A clean, tidy and well presented property
Tip: By maintaining your asset in good repair and ensuring it is well presented, you will maximize rent, reduce vacancy and attract a high standard of tenant. Vacant properties cost you money and are a security risk. What costs will I have to meet? When you acquire a property, there are government charges by way of stamp duty and registration fees on the transfer of title and mortgage. There are also solicitor’s fees for managing your property (and selling it if you decide to do so in due course). Your real estate agent can assist you in the calculation of these costs.
Tip: Making sure you have the right real estate company managing your investment is vitally important. First National Real Estate can save you time and takes the hard work out of owning an investment property.
For more information: .
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What type of property are you looking for? |
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| As one of Australasia’s largest real estate networks First National Real Estate specialises in all areas of property. |
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Capital Cities and Surrounds
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