There are so many emotional motivations for people to buy property, however three main reasons people invest in property that stand out:
Simply put, this is how much the value of your property will increase over time. This isn’t something that happens overnight so be prepared to hold onto the property for a few years if you want to see significant growth.
Rental & Investment Yield
This is the amount of profit you make from rent after you deduct expenses such as upkeep and taxes. Rent prices in Australia are sky-high right now so you can expect excellent returns.
There are plenty of ways to save on your tax bill if you invest in property. You can claim expenses such as renovations and capitalise on negative gearing by offsetting any losses you incur on your property against your taxable income.
Perhaps you have another reason you are thinking about property investment? Or, one of the above is your motivation? Let's discuss!
Rachael Bland – Founder & CEO