COVID-19 UPDATE: Builders remain open, and iBuildNew's independent experts are available to guide you through your home-building journey. Find out more Close

What Type Of Investment Property Is Right For You?

After saving up and making all the preparations, the exciting stage of choosing an investment property has finally arrived! Whether it’s a family home in the country or an apartment in the city, the search for that home is crucial to starting off your investment portfolio. The goal of finding your very own property is a huge achievement, which is why selecting the right place is important. This article will explain a handful of tips on deciding which investment property works best for you and if you are receiving the best possible return.

choosing an investment property

Know What You’re After
Before finalising any decisions, make sure you outline the various investment objectives you are after to know what best suits your current needs. Through being properly equipped, you’re able to check if it correlates with the properties you come across and whether it links to your preferences. When choosing an investment property, it is also helpful to have a firm understanding of your purpose for investing. If you’re aiming to gain a personal property, you should consider properties that are likely to increase in value. On the other hand, if you are wanting to lease the property, you’ll be after properties that bring higher rental returns.

Take advantage of the iBuildNew property concierge service to ensure you make the right investment decision.

Surrounded By The Right Amenities
When investing for capital growth, you should be choosing a property in areas that are in high demand. The value will continue to increase particularly if there are only a few spots on offer. For instance, major cities and inner-suburban areas with established homes or estates are able to fit the criteria you’re after. These places can become quite popular as it’s built to serve a central location for housing, schools, shopping centres and local parks. For investors searching for strong rental returns, new houses and apartment properties are an option to keep in mind. As they showcase a more modern look with all the amenities, they can provide tax benefits and fewer maintenance costs.

Best Of Both Worlds
Although it may be tricky searching for a property that has good capital growth and rental returns, there are a few properties that can give a balanced mix. Townhouses and villas are potential choices as they have a decent land component and can be less expensive. However, they also require strata fees and a number of restrictions to adhere to such as, installing external appliances or repainting the property. This could mean any renovations or reconstruction that need to take place can be quite limited.

choosing an investment propertyImage: Architecture and Design

The Right Location
The decision between choosing an investment property in the country or city will ultimately depend on what’s best suited to your present circumstances. Regional locations can supply higher rental returns and cheaper established properties. Meanwhile, progressive urban areas accumulate a lot of residents which continuously raises the property values.

The journey of choosing an investment property involves a lot of research, especially when it comes to evaluating which location is the most convenient and accessible. By utilising online resources and speaking with real estate agents, you are able to clearly assess the benefits and risks for all kinds of properties. 

Need help getting started? iBuyNew will point you in the right direction! Whether you are looking for apartments, townhouses or house and land packages, working closely with an iBuyNew property consultant, who understands the market, will help you find something suitable that’s tailored to your needs and requirements. Get in touch with them on 1300 123 463.

Davina Deluao

Davina graduated from Swinburne University with a Bachelor of Arts. Through travelling and studying abroad in NYC and LA, her interests for property and design grew and have become her strong pursuit.

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

Jul 24, 2019

Guide To Building Up Your Investment Property Portfolio

It’s vital to have a solid foundation and strategic plan when it comes to securely inve...
Read More
Mar 24, 2020

Property Investment Tips: How To Make It A Success

The decision to invest in property can lead to monetary success and financial freedom. ...
Read More
Jun 07, 2019

How To Minimise Tax On Your Investment Property

With the property market booming, the phrase ‘buy in gloom, sell in bloom’ makes perfec...
Read More
Oct 20, 2017

Stocks Versus Property Investment: Which One is Righ...

It’s the age-old debate: stocks versus property? Anecdotally, Australians see certain s...
Read More
Jun 24, 2019

5 Tips To Help Improve Your Investments

If you are already on the way to creating an investment portfolio, then chances are you...
Read More
May 30, 2017

Successful Real Estate Property Investment Strategies

Are you looking into investment ventures that promise excellent returns, fast or otherw...
Read More

Depreciation dilemma: old or new?

When thinking of investing in property, investors tend to focus more on the location, t...
Read More
May 14, 2018

Benefits of House and Land Packages as a Rental Inve...

A house and land package can be a smart idea if you are seeking to make a property inve...
Read More
Sep 05, 2019

Pros and Cons of Investing in a Granny Flat

Traditionally viewed as the territory of teenagers or grandparents, granny flats can al...
Read More
May 13, 2017

What Is Negative Gearing And What Does It Mean For You?

Negative gearing is an investment practice in Australia that involves investing borrowe...
Read More
Mar 13, 2018

6 Things You’ll Need In Your Investment Property

Ready to start your investment property journey? Considering all aspects of your invest...
Read More
May 14, 2018

Make Sure You Talk To These 3 Property Investment Ex...

Starting your investment journey can be an incredibly exciting and stressful process, b...
Read More
Apr 04, 2018

6 Reasons You Should Use A Property Management Compa...

If you have invested in property, leasing it out is one of the most financially rewardi...
Read More
Nov 03, 2017

How to Prepare For Property Investment Like a Profes...

If you’re thinking about home and land investment, there are many facets you’ll need to...
Read More
Apr 05, 2019

The great investment debate: Apartment VS House

The apartment vs house has been a great debate for a long time. Choosing between invest...
Read More
Jun 12, 2018

3 Big Things That Will Make Great Real Estate Invest...

Location Want to ensure you've made a great real estate investment opportunity? Repeat ...
Read More

Should You Buy an Apartment or House for Investment?...

When you are ready to purchase a property, making the right decision is important. Purc...
Read More
Feb 21, 2018

Everything you need to know about building contract ...

When you are building a new home in Australia, or making any major renovations, you wil...
Read More
May 23, 2018

Searching for an Investment Property: Negative Geari...

Negative gearing is when you borrow money to make an investment, and the income from th...
Read More
Sep 08, 2017

Understanding Building Contracts in Your State

If you are planning on building a new home then you will have to sign a building contra...
Read More
Aug 24, 2017

8 Helpful Tips to Build Your Property Portfolio from...

Are you planning to grow your money through property investment? Is acquiring two or mo...
Read More
Jan 15, 2020

What Is Rentvesting And Is It Right For Me?

Renting in a bustling inner-suburb may give you the lifestyle that you are after and ha...
Read More
Feb 27, 2018

Property Investment Tips: Amenities that will increa...

Whenever we are asked to share our top property investment tips, choosing a property ne...
Read More
Oct 02, 2019

Think Like An Investor And Achieve Your Investment G...

When adapting the mindset of a property investor, it is important to be well-informed w...
Read More

Get more from

Browse Investment Properties