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I want to ...

buy or invest in property

Buying or investing in a home is a big decision with plenty

of important considerations to take into account.

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The world of tomorrow belongs to

those who have the vision today

Want to simplify your finances?

Speak to a specialist   ph: 03­­­ 9848 9811

Monday – Friday 8.30am to 5.30pm (Melbourne time)

Want to simplify your finances?

Speak to a specialist   ph: 03­­­ 9848 9811

Buying or investing in property is a big decision with plenty of important considerations to take into account.

With all the things you must consider, it can be easy to feel overwhelmed. How do you know when you’re ready to buy?

What should I consider?

Buying a home or investing in property takes serious commitment and plenty of research. Before you even begin you should find out whether you are thoroughly prepared for all the financial costs and commitments involved, and whether you are able to meet the ongoing commitments associated with purchasing your home or investment property?

Buying a property

Buying a property includes finding a suitable lender, loan and property itself. But how do you know what the “right” loan looks like? What are all the costs associated with buying property?

There are a several costs associated with buying a property which must be considered, such as:

  • The house’s purchase price
  • Stamp duty
  • Legal and conveyancing fees
  • Loan application fees
  • Home loan insurance
  • Home and contents insurance

Buying a property

Buying a property includes finding a suitable lender, loan and property itself. But how do you know what the “right” loan looks like? What are all the costs associated with buying property?

There are a several costs associated with buying a property which must be considered, such as:

  • The house’s purchase price
  • Stamp duty
  • Legal and conveyancing fees
  • Loan application fees
  • Home loan insurance
  • Home and contents insurance

Advantages of investing in property

Property investments offer a lot of variety – you can invest as an individual, company or trust taking advantage of your equity, or through a self-managed superannuation fund.

But how viable property investment? Here are just some of the advantages:

  • Moderate long-term returns
  • Secure, tangible investment
  • Negative gearing potential, which could result in tax benefits
  • Potential for ongoing capital growth
  • Rental income
  • Discounts on capital gains tax for investments held beyond 12 months

Advantages of investing in property

Property investments offer a lot of variety – you can invest as an individual, company or trust taking advantage of your equity, or through a self-managed superannuation fund.

But how viable property investment? Here are just some of the advantages:

  • Moderate long-term returns
  • Secure, tangible investment
  • Negative gearing potential, which could result in tax benefits
  • Potential for ongoing capital growth
  • Rental income
  • Discounts on capital gains tax for investments held beyond 12 months

Risks of investing in property

But it’s also important you’re aware of any disadvantages associated with property investments, including:

  • Difficulty diversifying the investment
  • High transaction costs either end of your investment period
  • Fluctuating interest rates
  • Slow property resell
  • Capital or property loan
  • No potential income if vacant or no tenants

You also face ongoing costs, such as council rates, insurance and utilities charges, as well as management fees if you’re renting through a real estate agency.

Risks of investing in property

But it’s also important you’re aware of any disadvantages associated with property investments, including:

  • Difficulty diversifying the investment
  • High transaction costs either end of your investment period
  • Fluctuating interest rates
  • Slow property resell
  • Capital or property loan
  • No potential income if vacant or no tenants

You also face ongoing costs, such as council rates, insurance and utilities charges, as well as management fees if you’re renting through a real estate agency.

How we can help

It can be difficult to know what a promising investment looks like and whether or not you are prepared to take the plunge into the property market.

At Scholten Collins McKissock, our financial advisers can help you prepare for your property investment journey. We can help assess your current asset structure, provide credit advice on loans and investment options, and recommend the right path for your overall wealth goals.

Understanding all of the implications, benefits and risks of owning property will help you better prepare for your investment, so we’ll talk you through your options, and ensure you have comprehensive knowledge and advice before you make any decisions.

We can help you at any stage of your life. Whether you’re navigating the world of the first home-buyer, or looking to add to your investment portfolio, we can provide expert guidance and knowledge.

Get in touch with us today for more information on how we can help you buy or invest in property, and to book an appointment with one of our advisers.

Contact Jyana for advice and guidance on buying or investing in property YES

How we can help

It can be difficult to know what a promising investment looks like and whether or not you are prepared to take the plunge into the property market.

At Scholten Collins McKissock, our financial advisers can help you prepare for your property investment journey. We can help assess your current asset structure, provide credit advice on loans and investment options, and recommend the right path for your overall wealth goals.

Understanding all of the implications, benefits and risks of owning property will help you better prepare for your investment, so we’ll talk you through your options, and ensure you have comprehensive knowledge and advice before you make any decisions.

We can help you at any stage of your life. Whether you’re navigating the world of the first home-buyer, or looking to add to your investment portfolio, we can provide expert guidance and knowledge.

Get in touch with us today for more information on how we can help you buy or invest in property, and to book an appointment with one of our advisers.

Contact Jyana for advice and guidance on buying or investing in property YES

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Working together to create a financial strategy that’s right for you

DISCLAIMER:It’s important to consider your particular circumstances and read the relevant Product Disclosure Statement or Terms and Conditions before deciding what’s right for you. This information hasn’t taken your circumstances into account. Neither Godfrey Pembroke Ltd, an Australian Financial Services Licensee, nor its authorised representatives and Elector Pty Lt atf Scholten Collins McKissock Trust warrant or represent that the information in this site is free from errors or omissions or is suitable for your intended use. Godfrey Pembroke Ltd is a wholly owned subsidiary of National Australia Bank Limited. All information on this website is subject to change without notice.