Club Property

How do you know which properties make good investments?

The property is in an area that has good infrastructure.
The property is in or very near an area that has shown long term popularity and growth, and there is every reason to expect this will continue.
The property is in or near a thriving business and community centre.
The property is an average or cheap price for the area.
The property is expected to generate a level of rent that will make it affordable to hold it for the long term.
The property has chattels which will generate a level of tax deductions that will make it affordable for the client in question to hold it for the long term.
The property’s value is at or below the average house price for the nation (thus ensuring a large potential market when it is time to sell the property).
The property is in an area that is popular with tenants
The property is in good condition
The property is low maintenance
If the property is an apartment, the building is a good one, with a good manager, body corporate, and no major issues have been noted in the body corporate minutes