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Thank you for taking the time to read about
the process of buying your investment
property and obtaining finance. This guide is
designed to help you through the process to
ensure nothing is missed and that many of
your questions are answered.
Property has been considered a popular
path to wealth for Australians for many years.
Buying their own home is often the first
significant investment most people make.
Purchasing another property may well be the
second - even before shares and other assets.
However your first investment in property
need not be your home.
Buying a rental property can be a good way to
gain capital growth that can be used later to
help buy your own home.
Sensible investments in property have many
attractions. Property can be less volatile than
shares and it tends to be regarded as a safe
haven when other assets are declining in
value.
Property has the potential to generate capital
growth (an increase in the value of your asset)
as well as rental income. There are also tax
advantages associated with negative gearing.
Why invest in property?
Because you want
to avoid dependency on the government
pension at retirement, or the false belief that
compulsory superannuation will be enough to
support you in your retirement.
Buying real estate, whether you are buying the
family home or an investment, is one of life’s
most important financial decisions. However,
when buying an investment property, it is
wise to remember that you are making a
business decision. You are not buying from the
heart, but from the head. You are buying the
property because you expect it to appreciate
in value and give you a financial return.
When investing, it is important to assess your
current financial position. What are your cash
reserves and what equity do you have in
your present home? Look at your long term
objectives. For example, will the property be
part of your retirement financial plan?
Potential changes to your current situation
should also be factored in, such as the birth of
a child, the loss of one income or supporting
parents in their later years. It is wise to seek
advice from an investment adviser or qualified
financial planner to help determine your
financial goals and strategies.
Please call the office for more information or
clarification about your own circumstances
and your future property investment potential.
We look forward to helping you purchase your
first and hopefully many future investment
properties.
Kind regards
Sharlene Gratte
Director / Finance Manager
WELCOME
