Property Investing

Property has long been a popular investment choice for Australians. An investment property may provide rental income and the potential for long-term capital growth, but like any investment, it also involves costs and risks.

Before purchasing an investment property, it is important to consider your financial circumstances, investment objectives, borrowing capacity and the characteristics of the local property market.

Choosing an Investment Property

The right investment property will depend on your individual goals and circumstances. When researching a potential property, factors to consider may include:

Location and surrounding amenities
Access to schools, shops and public transport
Local rental demand
Vacancy rates
Expected rental income
Property condition and ongoing maintenance requirements
Council rates, insurance and other ownership costs
Potential future development and infrastructure in the area

Understanding both the purchase price and the ongoing cost of owning the property is an important part of assessing an investment.

Understanding the Local Rental Market

Rental demand can vary significantly between suburbs and property types.

Earthgold Realty works with rental properties across Calamvale, Parkinson, Algester, Pallara and surrounding suburbs in Brisbane’s south. Local rental market knowledge can help property owners understand current rental demand, comparable properties and the presentation tenants may expect.

Managing an Investment Property

Owning an investment property involves more than collecting rent.

Effective property management can include marketing the property, processing tenancy applications, preparing tenancy documentation, collecting rent, conducting routine inspections, coordinating maintenance and communicating with tenants and property owners.

Having an experienced property manager can help landlords manage these day-to-day responsibilities and maintain clear communication throughout the tenancy.

Consider the Costs and Risks

Property investment is not without risk. Property values and rental demand can change, and periods of vacancy, maintenance expenses and changes in interest rates can affect the financial performance of an investment property.

Investors should also consider expenses such as council rates, insurance, maintenance, property management fees and applicable taxes.

Before making an investment decision, consider obtaining independent financial, taxation and legal advice appropriate to your circumstances.

Already Own an Investment Property?

If you own an investment property in Calamvale, Parkinson, Algester, Pallara or surrounding Brisbane suburbs, Earthgold Realty can assist with rental appraisal and property management services.

Contact our team to discuss your property and the local rental market.