Planning to invest in property
May 01, 2015
Investing in property continues to be a solid investment option with positive year-on-year growth levels across Australia. Investing in property, if done correctly, can deliver strong returns for Australian investors.
Here are some tips on how to make a wise property investment.
- Property should be viewed as a long-term growth asset. The focus should be on finding a property that meets key selection criteria such as being in proximity to infrastructure including transport and shops.
- Don’t borrow more than you can comfortably repay. Give yourself a buffer so that if there are future rate rises you will be able to afford the increase in your mortgage repayments.
- If you are buying to rent out the property, then buy where rental demand is high.
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