9 Must-Have Features of the Most Lucrative Investment Properties

If you’ve read the news lately, then you’re no stranger to the state of the Australian real estate market. It’s not all that bad, but it won’t be smooth sailing either. With the right tools, however, you can achieve your investment property goals. In this article, you will find sound tips and advice that will take you one step closer to successful property investing.

Being in the know has many advantages. Stock up on investment property tips and you should be armed to take the risks and face the challenges in real estate.

9 Investment Property Tips for Investing

1. In-demand now and in the future

What kind of property is highly in-demand in the location you wish to start your investment venture? Putting your money on the most desirable type of property now and in the future will help ensure returns will be steady and certain. So make sure to check ads, and talk to property managers and buyers agents. You can even talk to one of our independent consultants, who can help you find a perfect house & land package that is within your budget.

2. Promises capital growth

If you want to negatively gear a property, buying one purely for capital growth is one way to go about real estate investing. Despite the rental rate being lower than the cost of upkeep, a conservative growth is better than none at all. Make this move a part of a wealth creation strategy. For more information regarding the benefits of property investment, make sure you get your hands on our free guide to investing in Melbourne property.

3. Close to public transport

Who doesn’t want to rent a property close to public transport? Many potential tenants out there will surely appreciate the convenience, and might even be willing to pay higher for it.

4. Close to the median price

To see returns on your investment, experts recommend buying investment property with a rate close to the median price. Not only will this help with profit, but it also serves as leverage whether the median listing price is trending down or up.

5. Close to sources of tenants

Opening up shop close to a target market is one of the most effective strategies in business. The same thing can be applied to investing in a rental property. Buy one close to universities and market to students. Buy one near the business district and market to employees.

6. Reputable or with good reputation

Want to invest in house & land packages? Research about the developer and builder to learn more about the quality of their properties. You should also talk to tenants and get their opinion about living in a house built by a particular developer and builder.

7. Popular locations

If you’re looking for properties with strong returns, buying one close to the CBD has proven time and again to be income-generating, what with the location being popular among buyers and renters. However, sometimes investing close to the CBD, is simply too expensive. With an expanding population, investing in property close to new urban hubs, can create some of the same return as a city property.

8. Better strata scheme

It’s understandable that you’d want to invest in a property with cheap strata levies, but you might want to avoid doing that. If it’s too good to be true, then it probably is. It is possible that a cheap stratum is a cover up to what a property lacks, which could cost you money. Make sure to check a property before buying it, ensuring that the quality and facilities your tenants need are satisfied and provided for.

9. A logical investment choice

Buying a property when you’ve become emotionally attached to it is a major no-no. You could be overlooking the returns or capital growth, which matter more than anything else where property investment is concerned.

With these investment property tips, a real estate venture doesn’t have to be risky and challenging. Avoid mistakes as much as possible and you should succeed.

Need help getting started? iBuildNew will point you in the right direction. We can give you access to affordable house & land packages that are not usually available to the public. If this is your first time investing in property, working closely with an expert will simplify your experience.

Speak with our phone consultants and you’ll get advice and help in working out the rest of this list. Contact us on 1800 184 284 today or book a call.

Source: domain.com.au

Ben

Ben is a passionate home renovator who is forever making improvements around the home and garden

About

iBuildNew is the market leading aggregator dedicated to residential home construction and land development. As an independent platform, iBuildNew helps Australians identify and compare new home designs, house and land packages and land estates. It’s the smart way home buyers, who are considering a new build, can find the ideal options to match their individual needs. Home building is a big decision, we make sure you get it right.

You may also like

Jan 08, 2018

No Land for Sale Near You? Here’s how to Finance a K...

Finding vacant land for sale in Melbourne is near impossible. And if you have your hear...
Read More
Feb 08, 2018

Subdividing Land: Why Would You Consider It?

When purchasing a substantial piece of land, it’s important to have a plan for how you ...
Read More
Feb 10, 2016

New Home Design – How To Write A Comprehensive...

Before you sit down with your builder it's important to be clear about what it is you w...
Read More
Jul 19, 2018

How Much Of A Deposit Does A First Time Home Owner Need

If you're consider getting into the market to become a first time home owner, there are...
Read More
Aug 04, 2017

10 Wise Ways to Pay Off Your Mortgage Earlier

Owning your own home is an exciting time of your life. With all the possibilities and l...
Read More
Jun 30, 2017

Do You Know The Changes Being Made To FHOG & St...

With a new financial year, comes new budget measures. There have been several changes m...
Read More
Aug 30, 2017

Can the Super Saver Scheme Help Get You in to Your N...

The issue of housing affordability does not seem to be fading for many first time buyer...
Read More
Jun 24, 2018

What Will Set Your Luxury House Plans Apart?

Are you planning on building luxury house plans? What will set your new home apart from...
Read More
Jun 22, 2017

Would You Live in a 3D Printed House?

Can you build a new house with a 3D printer? It’s cheap. It’s built fast. It’s deemed s...
Read More
Jun 30, 2016

Top Reasons Banks Reject Home Loan Applications

Doing some homework before you apply for a home loan can pay big dividends when you app...
Read More
Sep 08, 2016

The Best Time to Build a New Home

iBuildNew CEO, Daniel Peterson, shares his expert new home building industry insights o...
Read More
Jul 23, 2018

Saving For A Construction Loan: Steps To Building A ...

Saving and applying for a home loan can seem like a massive challenge but it is very im...
Read More
Nov 22, 2017

Why Should You Speak to a Mortgage Broker

Looking for a lender can be incredibly difficult, time-consuming, and confusing. That i...
Read More
Jan 15, 2016

New Home Build Inspections – Free Guide

When conducting  new home build, inspections are carried out at various stages of the c...
Read More
Jun 25, 2018

Our Favourite One Storey House Plans For Families

One of the main advantages of constructing a new home is being provided with the opport...
Read More
Apr 23, 2017

Why Should You Choose iBuildNew

It is no secret that building a new house and choosing the perfect house plans is a str...
Read More
Sep 21, 2017

The Difference Between Buying a Home and Investing i...

Whether you are building your dream home or are interested in investing in property, th...
Read More
Aug 11, 2017

6 handy tips for first home builders

At iBuildNew we are passionate about helping our clients be informed about the new home...
Read More
Apr 01, 2018

Tips For Sticking To Your Construction Timeline

Beginning construction on your new home can be both an exciting and daunting step in cr...
Read More
Jul 15, 2018

Build a Family House Design for Multigenerational Li...

Build a family house can take a bit of thought. There are many factors that will influe...
Read More
Jul 20, 2017

Building on Sloping Blocks: How to Make the Most out...

When it comes to sloping blocks, opinions tend to differ. Some say it is a problem; oth...
Read More
Jul 19, 2017

10 Mistakes Every New House Builder Should Avoid

Building a house is a tremendous project. If it is not managed correctly it can be exha...
Read More
Dec 12, 2018

6 Instagram Accounts to Follow for Design Inspiration

Whether you’re building, buying or renting your home, making it your own is one of the ...
Read More
May 30, 2017

New Home Build Timeline: What You Need to Know

You've gone through the process of visiting display homes, choosing the right design, a...
Read More

Get more from

Browse Investment Properties