Rentvesting in Australia: Smart Strategy for First-Time Buyers

Best Dot Net Training ForumsCategory: TrainingRentvesting in Australia: Smart Strategy for First-Time Buyers
Lauri Mello asked 1 month ago

As homeownership becomes increasingly unattainable for many, rentvesting offers a viable alternative for first home buyers (FHBs) and investors alike. While the cost of hiring a rental property manager might seem concerning, it’s important not to underestimate the time and effort required to find quality tenants and manage a property effectively. Rental property agents are trained to source the best tenants and are well-versed in the strict legislative requirements to manage an investment property. Rentvesting can let you play the property game in a way that suits your needs and circumstances.

The report indicates to the builder the classification of the soil content (does it have clay, limestone, rock or peat in the soil) as well as providing the wind rating for your location. An external company that specialises in this field conducts the engineer’s inspection report. Once you have signed the completed Preliminary Works Agreement, your Sales Consultant will then submit Perth Building Brokers your job file for sign off. Your house file will not be activated until we have received your Preliminary Works Agreement Deposit of $2,000. And now that your Electrician has finished all their work in the roof space, your roof insulation is installed.

With a low deposit home loan and no mortgage insurance fees, Keystart is perfect for first home builders looking to build an affordable home on a cheaper budget. Building your first home can feel overwhelming, but with WOW Homes, you’ll have the guidance and support you need throughout the entire process. Our friendly and knowledgeable team is dedicated to providing expert advice and assistance at every step, from securing finance to obtaining necessary approvals and overseeing construction.

The Building Act forms reflect the requirements of the Building Act 2011 and Building Regulations 2012. We are a West Australian business and only build homes in the Perth metro area. If you would like to be the first to hear about new home designs, display home openings and our latest offers and promotions then simply add your email address above to be added to our VIP mailing list.

Our dedication ensures that your journey to a new home is as smooth and rewarding as possible. As first time home-owners and first time builders the most important thing for us was building with someone we could trust and who we knew would support us along the way. Chris gave us this reassurance and he was true to his word – he helped us at every step of the journey and we are so grateful for his guidance. Guided by our Perth Building Brokers ‘Built Around People’ philosophy, we recognise that our team is our greatest asset.

You’ll need to look at market rental averages in relation to the location and condition of your investment property prospect. We explore where investors are buying now, why affordable markets like Perth is booming, and how investor behaviour has shifted with better data and buyers’ agents. Whether you’re wanting to buy your dream home, build a high-performing investment portfolio, or sell your property for the best price—our award-winning team is here to help you grow your wealth and improve your life. Tune in to our video insights to hear our property investment specialists discuss the latest market trends, buyer tips and more. Grow your property investment knowledge with our free resources and property market reports.

With seven years of experience helping clients navigate commercial property investments, Brad shares valuable insights on building diversified portfolios that generate regular income potential. Since 2006, we’ve supported over 3,000 clients in their property investment journey through our dedicated advice and property investment services. Our in-house investment property experts Perth Building Brokers are highly experienced in their respective fields, so you know your property portfolio is in safe hands. Looking to purchase an investment property in Perth or across Australia? Find properties with strong growth prospects and rental potential with our expertise.

Since 20% can be a lot of money, it’s best to start with an investment property with a lower value than if you were purchasing a home to live in. Regardless of your strategy, you need to buy a property with some capital growth potential and one that you can easily Perth Building Brokers rent out if you want to make your investment work. In the capital cities, there’s a significant price difference between the cost to buy and the rent, particularly in Sydney and Melbourne. This makes property ownership out of reach for many buyers, especially if the dream is to enjoy city-based living. While there are tax advantages to rentvesting, you can also expect CGT implications when selling your investment property. Understand these implications and factor it into your strategy during the planning process.

View our full range of home designs to find the perfect fit for your lifestyle. Yes, securing finance before starting the home building process is highly recommended. With 47 years of industry experience, Summit stands out as Perth’s most reliable builder. The Summit Homes Group’s vertical integration encompasses over 19 subsidiaries, including four new home brands, land estates, residential solutions, supply services, and modular solutions. At Summit Homes Group, we are built around people, and we understand that building a home is one of life’s most significant and exciting investments.