The benefits of investing in a hot investment property market

Australian property investors continue to dominate the market, with the percentage of investors eclipsing 30 per cent, according to new research conducted by Mortgage Choice.

 

Future proof your wealth

 

While the investment market grows, and competition amongst property investors heats up, it’s never been more important to review your long term financial strategy.

Property investors not only see property as a lucrative investment, but as a way to future proof their wealth.

 

 The benefits of investing in a hot market:

1.       Regular rental income: 

Investment properties have the potential to deliver returns from day one.

2.       Long term growth in residential real estate values: 

The scarcity of land and the ongoing demand ensures property values will continue to grow.

3.       Tax benefits:  

Owning an investment property enables the ability to claim tax deductions for a variety of expenses related to the property that you can’t claim if you buy a property to live in.

4.       Investment choice:

Australia’s investment choices are so diverse that they cater to all budgets and financial plans – states, territories, apartments, houses, regional or capital city – choice means more options for every property investor to consider.

 

 Confidence is Key 

Investors are currently very confident about the Australian property market and are displaying the right attitude towards property investment, with almost 53 per cent of QLD respondents saying that buying an investment property would help them prepare for retirement.

 

Property investment is not a quick win, but part of your long-term financial strategy.

Rising property prices are making it harder however, for QLD investors to buy alone. On average, Brisbane property values rose 7.0 per cent over the 12 months to July 2014, according to research from RP data.

  

Not enough deposit? Alternative strategies to get you into the market: 

Despite the hurdle of rising property prices, property investors are seeking alternatives to simply saving a deposit to jump onto the property ladder alone.

 

Your Mortgage Choice broker, Daniel Meade, can help you look at your own specific circumstances to see what options you have available to you. Click on the topics below for further information on some alternative strategies to help you get into the property market sooner:

  • Using a guarantor to increase your deposit.
  • Using equity to fund your investment property purchase ( or your renovations, upgrade).
  • Splitting your loan so you can invest with a friend/partner/family member- our calculators can help you work out if it is achievable.

                                  

If you would like to learn more about your home loan or financial advice options, contact Daniel Meade today on:

 

Phone 07 3833 9666,

Email daniel.meade@mortgagechoice.com.au

Or simply click on the contact us tab on this page.

 

If this information has been helpful to you or might be relevant to someone you know, please share it.

 

Daniel is looking forward to helping you future proof your wealth today.  

 

Important information

This article is for general information purposes only. It has been prepared without considering your objectives, financial situation or needs. You should, before acting on the advice, consider its appropriateness to your circumstances.

Posted in: Property investment

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