(Brisbane) Latest figures for property values in Brisbane City have home owners guffawing all the way to the bank, as the statistics show that property values are on trend to rise by 2.2 % every year.
Investment property guru Micki Holder claims that the projected remarkable growth in Queensland property values is inspiring many people to take a position in the property market,”There is a distinctive market for investors desiring to buy quality real estate that will serve as investment property. First time stockholders abound, however they have done their homework and there is an probability that rental yield will be positive, if not honest-to-goodness competitive. Investing in house and land packages is a highly attractive option. “
Holder asserts that hesitation is a big factor that holds many potential property investors back, in particular there is concern around repairs and maintenance costs,”Buying a rental property in a heavy demand area more or less guarantees low vacancy rates, however the aptitude for high mend costs on existing housing stock is the big unknown. “
“Making a capital gain is a driving factor for some financiers, who intend to retire off the results of a rental property that they have paid off over a period of 20 years or so”. Holder announces that good rental yield and capital gains do not always co-exist, however she explains that house and land packages address lots of the chance factors presented by older housing stock,”Many of our clients come to us for confirmation that purchasing an investment property in a blue chip area of the city is not a financially responsible thing to do. They are awfully stunned at this analysis, given the increases anticipated in capital gain projected over the lifetime of the investment, say 20 years. “
Capital gains tax and the cost of maintaining an older property located in a blue chip area can make severe inroads into any increase in property worth. Holder announces that having a focus on rental yield from house and land packages shifts the point of view away from capital gain.
A yearly rental yield of 6 percent is common for the properties that Holder presents to her clients. Holder says that a 20 to 25 % deposit will be sufficient to get a foot in the door, with many properties being paid off over the course of 20- 25 years. Nevertheless Holder says that with rental yields providing a competitive investment, lots of her clients decide to have a low debt ratio and live off the rental proceeds,”Generating retirement income from a fresh home is viewed as extremely low risk by our clients,” announces Holder.
House and Land Solutions specializes in turn key home and land packages for both the investment market and also for the owner occupier. House and land solutions is a boutique business created by Micki Holder, a fully licenced agent who has been concentrating on new construction for years. House and Land Solutions focus is to give clients cost-effective choices when building a new home.