8 Reasons to Build Your Next Investment Property
At Prospa Property Advisory we regularly speak with investors about the benefits of building a brand new investment property, rather than buying an established property. I know what you’re thinking: it sounds like a headache, particularly if you’ve never built a home before. Or, if you’ve had a negative experience with a builder before this […]
The World’s Worst Property Investor | Property Investment Mistakes
Hear Adam’s personal story about how he started out as the world’s worst property investor.
We Do the Heavy Lifting | Why Invest in a New Build
Why should you build your investment property? We Do the Heavy Lifting When you build your investment property through Prospa Property Advisory, we take all the heavy lifting out of the build process. This means you get all the benefits of a new property, without any of the additional stress. In addition, every property we […]
Work with Quality Builders | Why Invest in a New Build
Why should you build your investment property? Work with Quality Builders At Prospa Property Advisory, we see many clients who have had negative experience with builders in the past. At Prospa, we have an extensive selection process to allow builders to become part of our panel. These are trusted builders with proven success. We also […]
Benefits of Depreciation | Why Invest in a New Build
Why should you build your investment property? Lucrative Tax Benefits Through Depreciation With a brand-new, built investment property, there are significant tax savings. Through depreciation, or general wear and tear, you are able to claim tax returns each year. If your property is negatively geared – that is, you returns on rent do not meet […]
Stamp Duty Savings | Why Invest in a New Build
Why should you build your investment property? Save on Stamp Duty When buying a property, you pay stamp duty on what is physically at the location at the time of purchase. With an established property, this amount is calculated on the land and house together. However, when building a brand-new investment property, this amount is […]
Warranty Protection for Your Investment Property | Why Invest in a New Build
Why should you build your investment property? Warranty Protection for Your Investment Property With a brand-new investment property, everything in the home will be under warranty. This allows you peace of mind with the knowledge that nothing should go wrong, and even if it does, you know there will be a quick and easy replacement. […]
Tenants Love New Property | Why Invest in a New Build
Why should you build your investment property? Tenants love new property Building your investment property means you will start off your investment journey with a modern, brand-new property. When it comes to competing in the market, tenants favour brand new property to established properties, and your property will have a cut above the rest.
Create the Right Property | Why Invest in a New Build
Why should you build your investment property? Creating the Right Property Building a brand new property allows you to create a property that includes the features that appeal to the future tenants you will have in the property. For example, if you are in an area that is popular with families with young children, […]
Avoid Bad Neighbourhoods | Investment Property Location Advice
Where Should My Investment Property be Located? Avoid Bad Neighbourhoods Neighbourhoods with unsavoury reputations are good areas to avoid. Generally, while you may find a low-priced property, and return comparably high rental yields, the capital growth potential is low, and maintaining reliable, long-term tenants may become an issue. Looking in areas with stronger demographics will […]