Investing in Property

Property represents a very secure, sound, long term form of wealth creation. As such, many people are turning increasingly to property investment to secure their future. Since 1970, no other major form of investment has produced a better return over the longer term than property.

A well-managed investment property can offer many advantages including income and capital growth. Many investors may also be able to use their investment to reduce tax payable on their assessable income subject to advice from their accountant.

In an analysis of Property vs Shares, property also has the advantage that as the owner, you can do things to increase the value of your investment, which you cannot do with shares. You can re-decorate or renovate or even extend your investment property to add extra value. You cannot renovate or decorate your BHP shares!

It is important, however, to be aware of the responsibilities of managing your property investment and assuring proper care and responsibility. As considerable money is at stake, you need to take the time to get good advice before you act.

Today we are seeing more Self-Managed Superannuation Funds investing in property. Property is a great long term accumulator of wealth.

As with any investment it is wise to seek advice from your accountant or financial advisor. When it comes to seeking out and purchasing the best property, please speak to the Point Cook Real Estate team.