Guide to buying an investment property in Australia – Forbes Advisor Australia
Of course, there are a number of issues worth weighing up before you decide whether to invest in property. Some of these are positive factors for investors, such as:
Low Barrier to Entry
Property is often seen as less of a risk compared to other investments, often because it doesn’t require any particular specialised knowledge, such as what is required in a niche market–such as NFT trading or buying and selling cryptocurrencies. It also comes with ample benefits such as capital gains, rental yield, and tax deductions, which we’ll explore below.
Capital Growth on Property
Capital growth refers to the increase in value of your property over time, which is calculated by comparing the current market value with your initial…