Property Investment Brisbane
New apartments, home and house buyers’ information and property investment guide...
We’ve all heard the saying ‘as safe as houses’ and you can’t go wrong with buying ‘bricks and mortar’. Purchasing an investment property is a sound investment that builds wealth creation without the high risk of buying shares or stocks that may plummet overnight.
Dabbling on the stock exchange may potentially give you high returns but puts you at risk in a volatile market. Buying an investment property is a long term investment strategy that will bring a stable return and peace of mind.
Here are five reasons why you should buy an investment property and get a piece of ‘the great Australian dream’ that will still allow you to sleep at night.
Capital growth
Capital growth is the increase in the value of your property over time and is one of the main reasons why people invest in real estate. Your best chance of achieving capital growth is buying the right property, in the right place, and most importantly at the right price to maximise your returns.
Rental income and yield
Ensure high demand for your property by buying an investment property where the location is tenant friendly and close to amenities such as cafes, public transport and shops.
Taxation benefits
You may be able to claim a number of expenses related to the investment as deductions and depreciation. Any legitimate expense incurred in running your investment property should also be tax deductible. Depreciation schedules where possible are provided for each of our investment properties
Affordability of property investments
You do not need to be very wealthy to get into property investment. And that’s because many of the banks will lend up to 100% of the value of a residential property. As long as you have a steady job, regular income and good credit rating, you can afford to buy an investment property.
Greater degree of control
While the performance of any investment is not guaranteed, buying an investment property may provide you greater control than other assets. There is a lower return in purchasing property but potential high returns are forsaken for less risk and a stable return from property with a long term investment strategy.
Understanding the Brisbane property investment market
Brisbane is worldly renowned for its beautiful beaches, laidback lifestyle, cultural centre and nightlife and is a popular city to buy investment property. Brisbane’s growth was recorded population at 1,819,762 in 2006 and is projected to increase to 2,726,836 in 2031 according to the Queensland’s future population 2008 edition.
Brisbane is part of the South East Queensland which is Australia's fastest growing region. Its population will climb from 2.8 million in 2006 to 4.4 million in 2031 and 754,000 new homes will need to be built according to the State Government’s South-East Queensland’s Regional Plan.
Strong population growth coupled with a very solid economy, planned infrastructure and urban renewal projects ensures Brisbane’s residential property market will continue to perform very well, grow significantly and remain an attractive location to property investors.
Factors to consider when buying an investment property in Brisbane
- Where should you buy: Beachfront properties or properties close to the Brisbane CBD, close proximity to schools, public transport or shops are more likely to hold their value and popularity with tenants.
- What determines a fair price for your property: The price you should pay for your investment property is largely determined by sales for similar properties in the area, the capital gains growth, rental expenses and maintenance costs.
- What capital gains growth can be expected: Past trends in property values generally are an indication of future trends so use previous capital gains reports to investigate the long-term capital growth rates of the suburb.
- What can you charge for your investment property: It is important to know what you can potentially charge for your rental property. Rental reports will tell you what other similar properties are renting for in the same area and the average vacancy rate.
- What changes are planned in the area: Planning changes can affect your investment property in an adverse way or add to its investment value. Research any proposed changes before buying an investment property.
Find Investment Property take the guesswork out of finding hotspots in Brisbane. The regions in Brisbane are:
Following is a list of the Brisbane locations that will outperform in 2009:
Useful resources for buying an investment property in Brisbane
- Capital gains tax - Australian Tax Office - www.ato.gov.au
- Conveyancers - Australian Institute of Conveyancers - www.aicnational.com.au
- Rental reports – Residential Tenancies Authority - www.rta.qld.gov.au
- Planning reports – Department of Infrastructure and Planning - www.dse.vic.gov.au
- Property managers – Real Estate Institute of Queensland - www.dip.qld.gov.au
- Stamp duty - Office of State Revenue - www.osr.qld.gov.au
- Tenant disputes - Residential Tenancies Authority - www.rta.qld.gov.au
Find
Investment Property is the
best property investment resource online and features the latest
new apartments and
off the plan investment properties. Whether you are looking to
buy investment property or looking for the
best property investment research, Find Investment Property has the
real estate investment properties you need.
