Houses are becoming an increasingly sought after type of rental property, making them a great option for investors.
Many property investors are looking to get a passive rental income while their property continues to appreciate in value.
While in the past rental properties have predominantly been smaller, more confined dwellings such as apartments and units, there is an increasing demand for houses as rentals.
As less people are buying houses, more families are renting, meaning there is a growing market for these types of properties, especially in tree-change suburbs.
The real estate investment market is different depending on the region or area that you are looking to buy into. While in a city close to universities, small apartments would be appealing to renters, such as international students, this is likely not the case in smaller towns.
When making a good investment, it’s important to consider all aspects of the real estate market in your chosen area, so you can get a thorough and comprehensive understanding of the short term and long term situation.
While currently, there are record low vacancy rates for rentals, this may not always be the case. You still need to consider the suitability of your investment for your areas.
Houses are becoming a hot commodity in smaller towns and in between metropolitan areas as there are less and less owner occupiers, and house prices continue to rise.
In popular coastal towns, more and more property investors are buying land to build luxury apartments, making houses an increasingly desirable residential property for many.
Buying the RIGHT house for your investment portfolio can be tricky.
When you sell your home, you appoint a professional sales agent. You trust that they’re the expert at negotiating, and know that they will take the hassle out of contracts, open homes and advertising.
The same applies to when you want to buy and build your investment portfolio. Buying a property involves just as much administrative work as selling does, and it also includes all the additional research and inspections.
DDP is your property consulting team offering a wide range of real estate services that help you find the right property, at the right location, at the right time and price.
Our network is made up of industry experts like Property Investment Strategists, Buyer’s Agents, Financial Advisors, Accountants, Mortgage Brokers, Property managers and Property lawyers who all guide you throughout your property investment journey.
No one looks after you like DDP to ensure you make well-informed decisions to get the best value out of your property investment.
Talk to us today to find out how we can help you build your dream lifestyle.