Buying An Investment Property

The number of property renters in Australia is rising as homes become less affordable to buy. This is good news if you are considering buying an investment property soon because maintaining a good occupancy rate is vital to your investment outcome.

During the property boom of the nineties, owning an investment property was all about capital gains; properties often increased in value no matter what or where you bought. That’s no longer the case. Now that the boom has passed, the best property investors need to be more choosey about the properties they purchase. You need to think about the following steps...

Step 1 - Location

For a successful investment, you must buy the right property in the right location at the keenest possible price and with its long-term potential in view - in both terms of increased rental potential and the growth in asset value.

Check for convenience to transport facilities, schools, shopping centres, sports and entertainment facilities and areas of future jobs growth.

The property needs to be located in a safe, clean, attractive environment and the area should have an already established high rental demand. Put yourself in the same mindset as your potential tenants.

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Make Property is a business unit of The Make Group and specialises in researching and locating the best property investment opportunities across Australia. Whether you are seeking a Brisbane investment property, Sydney investment property, Melbourne investment property, Gold Coast investment property or further afield, Make Property has the investment property portfolio you are seeking.