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

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
Feb 27, 2018

7 questions you have about your residential contract...

We understand that when you are going through the process of purchasing real estate, wh...
Read More
Oct 05, 2017

Investing in Property? Prepare Your Team Now

If you’ve decided to invest in property, then you have made the first big move towards ...
Read More
Jul 21, 2017

Enjoy Maximum Capital Growth When You Choose Investm...

There are a lot of misconceptions about an investment property, which is why it’s cruci...
Read More
Jul 04, 2019

Capital Gains vs. Rental Yield: Which is Better? 

It’s the age-old question when it comes to property investing: should I opt for capital...
Read More
Dec 12, 2018

WA announce $421 million expansion programme for Key...

Premier Mark McGowan has announced a predicted budget surplus in the forthcoming mid-ye...
Read More
Nov 13, 2019

Mistakes to Avoid When Investing In Property Through...

While using a self-managed super fund (SMSF) to buy and invest in property is becoming ...
Read More
Oct 18, 2019

Tips & Advice For Maximising Your Rental Return

Whether you have just bought your first investment property or are ready to move on to ...
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
Dec 13, 2018

What is rentvesting and is it a viable option for you?

The Australian property market is becoming increasingly accessible to first home buyers...
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
Jan 11, 2018

iBuildNew Announces New Property Management Service ...

The team at iBuildNew are excited to announce that we have recently established a partn...
Read More
Jul 12, 2019

It Pays To Keep An Open Mind: Investing In Regional ...

It is so common for us to hear about capital growth rates and rental yields for propert...
Read More

Investing In House and Land Packages VS Pre-Existing...

When investing in property, it can often be way too difficult to know which kind of pro...
Read More
Apr 03, 2017

Why Sydney Investors Are Heading To Melbourne For Pr...

As house and land prices continue to increase in Sydney, more and more property investo...
Read More
Aug 17, 2017

20-Year-Old Investor Shares 7 Tips on Starting Your ...

If you are a young Australian fresh out of university, what do you usually plan each we...
Read More
Oct 31, 2018

Are We Moving Towards a Buyer’s Market?

With falling markets in Sydney and Melbourne and analysts such as Louis Christopher fro...
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 24, 2017

Understanding the Secret Language of the Lawyer

When you build a house, the entire process can seem somewhat overwhelming. However, at ...
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
Jun 25, 2018

Changes to Victorian Tenancy Laws

Tenancy laws have not seen much change for the last 20 years in Victoria. Although rece...
Read More
Oct 05, 2018

What does Capital Gains Tax mean for you?

  Capital gains tax can be a complex thing to wrap your head around, especially wh...
Read More

Why Property Investment Will Help Set You Up For Ret...

Retirement may be an idea sitting in the back of your mind, but in order to have the sa...
Read More
Jul 20, 2018

How Real Estate Investment Can Help You In Retirement

Real estate investment has long been viewed as an enormous support financially for self...
Read More

Get more from

Browse Investment Properties