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Buying Investment Property BACKUP 170905

Let us help you turn property into a vehicle for wealth.

A property investment plan is one that works towards building your wealth and securing your financial freedom. As the housing market generally runs in economic cycles and different areas may have their own individual property cycle, the first step we help clients with is understanding these trends relative to the core factors involved in property investment in Melbourne. Think of it as property investment for beginners, which includes:
  • The likely return - yield and capital growth
  • Buying and selling costs
  • Cost to borrow money, ie interest rates
  • How attractive the property will be for likely tenants or future buyers.
So, how to choose an investment property? That's where we excel.

An accurate and detailed budget that takes account of all expenses associated with purchasing a property, including stamp duty, council rates, and more, is just the beginning. From where to buy, how much to pay, the rental return, how much capital growth you need, and when (or if) to sell, we tie everything into our clients' goals with a view to creating wealth. 

And what about positively or negatively geared property investments?

Even with an uncertain economy rental yields are still expected to continue to increase in most capital cities. Like all good investments, you first need to consider the property to be purchased:

  • Location: is it close to schools, shops, day care and sporting facilities?
  • Transport: is it close to bus stops and train stations?
  • Demographics: what population numbers, especially growth and density? 
  • Suitability to rent: are the rooms big enough, are there usable living spaces inside and outside, and other features such as garaging and storage?
  • Future potential: can the property be renovated or developed? Are there any plans to develop surrounding properties, eg high density dwellings?
  • Affordability: are you staying within the second and third quartile of prices in the suburb for price and rent?
A mortgage is a big commitment, and it's one you need to be comfortable with not only in the future, but also in the present.

Key to this process is listening to you and asking the right questions to get a full picture of your current financial position. This includes your current debt, assets, income, tax position, and more. A thorough understanding of your position allows us to find the solution that perfectly suits the purpose of your desired outcomes.

Beyond being free to give unbiased, honest advice, our independence means we're not limited to a single source when evaluating your options for finance, either. We evaluate hundreds of loan products from over 35 institutions for any given client to ensure they’re getting the best deal possible.

With over 30 years of combined experience in banking, finance and property, we know how to simplify property investment so you're confident of being on the best path to achieving your goal, and we'll see you through until you get there.

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What Our Clients Say

Mark, you were very easy to work with and you took the time to sit down with me, provide advice, and find the best option for me. Your proficiency, Calmness and professionalism gave me plenty of confidence on what had been a previously rocky road to getting a loan approved. Ounce again Thanks for everything and I look forward to working with you again in the near future.

Kaspar Lucattini

Money Workshop has helped me to sort out my current situation and also help me plan my future goals. It is a very supportive program and the staff help you through the entire process without any judgement.

Devarshi Desai

Masters in Commerce and Accounting

Money Workshop has been a valuable experience for me as a young adult. It gave me a picture of how I can achieve financial wellbeing and shows it is possible for everyone to achieve financial freedom, as long as we look at our planning and carry it out. I think I am extremely lucky to be able to understand that at such a young age.

Harry Zhang

Masters in Management Accounting

If you have any finance related queries