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MEET the SCM Finance Solutions team

DISCOVER how we can help you

LEARN more from our current resources

Make your money work for you

Speak to a specialist   ph: 03­­­ 9848 9811

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

Make your money work for you

Speak to a specialist   ph: 03­­­ 9848 9811

Buy or invest in property

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

How do I know when I’m ready to buy?

With all the things to consider, we help to reduce your stress

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

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.

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.

Meet our Finance Solutions team

Steven Papanastasiou

Steven Papanastasiou

Chief Executive Officer – SCM Finance Solutions

Jyana Hatzis

Jyana Hatzis

Senior Lending Specialist

Philippa Caarels

Philippa Caarels

Lending Analyst

Lewis Beech

Lewis Beech

Lending Specialist

Our story

At SCM, we believe our success is largely due to our people – their expertise, professionalism and their commitment to you – our clients. We build lifelong relationships with our clients that are based on a real understanding of your situation and your goals. We work hard to get to know our clients. We listen, explain and educate.
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Working together to create a strategy that’s right for you

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

DISCLAIMER: SCM Finance Solutions Pty Ltd ACN 606 523 068 is authorised under LM Broker Services Pty Ltd Australian Credit Licence 517192.

The information provided on this site is on the understanding that it is for illustrative and discussion purposes only. Whilst all care and attention is taken in its preparation any party seeking to rely on its content or otherwise should make their own enquiries and research to ensure its relevance to your specific personal and business requirements and circumstances. Terms, conditions, fees and charges may apply. Normal lending criteria apply. Rates subject to change. Approved applicants only.