Buying your first investment property can be daunting. Potential first-time investors need to take a long-term view, do plenty of research and understand things such as gearing, tax, yields and property management.
This free property investment eBook will provide first investment property buyers with an invaluable guide to what you need to know before you take your first steps on the property ladder.
Wise property investment can lead to riches. In fact, 49 people on BRW’s Rich 200 list made their fortune from real estate, and it is likely that every one of these entrepreneurs has a large slice of his or her wealth tied up in bricks and mortar.
As the share market rises and falls and resources booms come and go, the solid investment in bricks and mortar remains popular for many. That is not to say that property prices will always rise – busts come along with booms in the property market, just as with every other asset class.
But smart investors who invest wisely and think long term can often weather the storms and come out the other side far wealthier. When it comes to creating a secure financial future, investing in property is one of the nation’s favourites.
The facts remain solid: in Australia there are attractive tax advantages to real estate investment, it can offer good capital growth and income, and over the long term, it is widely perceived to be a lower-risk option compared with other forms of investment.
Australia is also becoming more populous, so demand for residential property will increase. People will always need somewhere to live, and astute investors have always cashed in and cashed up based on this principle. In 2010 Australia’s population grew by 1.5%, with every state and territory growing during that time.
These new Aussies need somewhere to live. Additionally, Australian housing is in short supply, according to many experts, and some forecast that the property market is becoming more undersupplied and that demand will continue to rise for rental properties.
Download the eBook to learn what a savvy investor needs to know before starting a property investment portfolio. You will learn what you need to know about tax, income and yields, finance, title, management and more.
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