Investing for Beginners

Buying an investment property can be an overwhelming decision for any buyer, let alone the beginner, here at Laguna, our professional sales team are always ready to help with knowledge and advice.  Now is the ideal time to start thinking of taking that leap, with the further interest rate drop last week, will surely help with the finances.

 When searching for an investment property, you should aim to secure one which will be in

continuous demand by tenants, as well as future home buyers. It is therefore important to do some research to discover the demographics of your area of choice. What is important to this demographic? For example, if you are buying in an area with an older community, do not purchase a property with a staircase or an inconvenient layout.  Close proximity to certain amenities increases the desirability and value of a location and property; these include: Schools, public transportation, shops and markets, lifestyle activities (restaurants, café strips, beach, etc.) Therefore, it is important to consider proximity to these when buying your investment property.  When selecting an area to purchase a property in, try to avoid those that are likely to be dependent on a sole industry i.e. manufacturing. Although it can be beneficial when the industry is doing well, if it fails, your property’s value may decline as a result. Some of the best places to buy are those experiencing population growths, such as the beautiful region of Noosa and the surrounding areas. This lifestyle is what draws many of us to the area.  

 Many property investors make the crucial mistake of choosing a property based on emotion, rather than finances and logic. This is why you need to have the advice of an experienced sales agent, you can contact one of our experienced team at Noosaville, Noosa Heads, Tewantin or Gympie offices.

 Till Next Week

 Olivier

Contact Laguna Offices

HEAD OFFICE
Noosa Heads - Phone: 07 5447 3999
1 Noosa Parade, Noosa Heads, QLD. 4567

Noosaville - Phone: 07 5474 4447
4/235 Gympie Terrace, Noosaville, QLD. 4566