In 2020, there was about 120 billion Australian Dollars worth of FDI into real estate activities in Australia.
There are limitless ways to invest your money nowadays. Investment in Real estate, stock market, gold, business etc., are the best options for long term investment.
But if you are looking for a profitable investment, investment in property makes more sense than any other investment. That is why 20 per cent or 2,207,905 Australians have invested in a property
Once you are prepared to invest with your hard-earned money, here are some benefits investing in property.
Why you should prefer investment in property
You will be in charge of your property
You select what property to invest in with the help of a property buying company, which renter, you’ll rent to, how much you’ll demand in rent, and how you’ll manage the property while renting it to renters.
Moreover, you can avail services like Airbnb to assist with short term stays and earn a good amount of money.
When you invest in a managed fund or stock, you can choose your stock or managed fund company, but you can’t manage and control your own money.
You will get the best profit in future
When you invest in a property with the help of an experienced Buyer’s Agent, you will increase your chances of getting a good ROI on your property. You can invest a small amount while borrowing the rest; still, you will get 5 to 20 times more cash investment returns.
You will get a better source of income.
Investing in property and renting it can be profitable or even positively geared when you find the renters. In this way, you can make good money and reinvest it in other properties with the help of a good Buyer’s Agent. Moreover, you should analyze debts and bills and charge the rent accordingly not to hamper your pocket & portfolio cash flow.
You create potential tax benefits
You can claim some depreciation on your taxable income with property investment. You can cover your losses as a tax deduction if the property is negatively geared. Still, it should not be the vital factor of investing in property as you may end up with an underperforming property. You should check the latest tax laws whenever you invest in property because the government can change rules anytime.
A2B Property: the best property service company in Sydney
We have been working with the best property in Sydney for ten years. From finding the first property to a perfect home to valuable investment, A2B Property can help you throughout your property journey. Contact us for more details.