Investment Property Advice
Get the right Investment Property Advice before you buy
If you live in Australia, perhaps you’ve seen just how much people like to invest in property—whether a house or an apartment. If you want to invest in property directly, then this investment will have a direct bearing on whether or not you stand to make a long-term profit. To be more definite of your investment, you need proper investment property advice and guidance, something only a real estate agent can give you.
The chief among these are:
Location: Anyone giving you sound Investment Property Advice will tell you to acquire the best property in the best geographic location at the best price with a long-term view in mind. He will also advise you to check out whether the property is well-connected to schools, hospitals, transport facilities, shopping centers, entertainment zones and the CBD of your city. It should also be clean, safe and well-laid out.
Look for a quality construction: The Investment Property Advice you receive should include your investing in a quality construction, where the apartment unit you invest in or the house you buy has three bedrooms for a family, or has some security arrangements, if you buy in a high-rise building. It should be a strong construction, with low maintenance and external areas. Your prospective apartment should be large enough for your bank to agree to give a loan.
What to beware of: If you don’t take care of the following pointers, you may be doomed to fail:
· Check the price before you buy or you may be buying an over-priced property.
· Check that the property in question belongs to an area of low s in an area of low capital growth.
· Check that the maintenance costs of the property are low.
· Check that the loan you agreed to take was correctly structured.
· Check that no tax deductions are omitted.
Tips: Perhaps, without the help of good investment property advice, you might fall into some property buying traps. Keep your eyes and ears open so that you do not fall into any of these traps:
· Don’t buy property impulsively. Instead, spend enough time on researching the locality where the property is located before committing to buying it.
· Have the property valued before you pay for it.
· Have the sale deed looked over by someone who can give you good Investment Property Advice before you sign on the dotted line.Which state claims the highest rental yields on the east coast?
Rental yields are an important part of any property investment portfolio. So who wears the crown on Australia’s east coast?
Queensland takes the crown holding the top 18 suburbs for rental yield on the east coast.
New South Wales is second with 17 out of the 40 highest rental yield suburbs.
Victoria comes in a distant third place with five suburbs.