10 July 2013
Buying a quality investment property Investors have been flocking back to the property market in recent months to take advantage of low interest rates and great buying opportunities. As the popularity of residential property surges with SMSF investors, more and more first time property investors are on the lookout for quality investment opportunities. Knowing what and where to buy is crucial to seeing growth on your investment. As with any financial matters, it pays to seek independent financial advice that´s tailored for your personal circumstances. In general, the types of residential properties that have the potential for good returns are those that are well-located close to transport, schools, cafes and shopping strips in areas that are consistently in demand with tenants. Whether you plan to invest in a one bedroom apartment or a three bedroom town house, a good floor plan and valuable amenities like off street parking often help to attract and retain quality tenants. Researching comparable sales and understanding the vacancy rate in your chosen area will also help you make an informed choice. Each of our offices maintains an extensive local database of recent sales across all property types. To access a free copy of our recent sale report for your neighbourhood or chosen investment location, contact us today. Greg Hocking