Is Now a Good Time to Invest in Property?
2020 was a challenging year for many people. Job losses, sickness, changes to schooling, toilet paper shortages and cancellations of travel and events have left many households in a stage of recuperating, rescheduling, and restarting. The global pandemic affected everything, and property all over Australia saw new trends emerge to what is now an extremely […]
5 Ways to Know If You’re Ready to Buy an Investment Property
How do you know if you’re ready to buy an investment property? A quick hint: you’re here, reading this right now. That means you’re thinking about it, at least. 0. You’ve been thinking about it. Perhaps you’ve been thinking “Maybe I should get an investment property?” or seen your friends and family buy their first […]
Why Invest In Property? | Adam’s Investment Journey
Hi, I’m Adam Hindmarch, Managing Director & Principal Strategist at Prospa Property Advisory. Over the past few years, I’ve been lucky enough to combine one of my passions with a career – that passion being property investment. Having come from very humble beginnings, home ownership has been important to me from a young age. […]
Why Should I Use a QPIA?
Now is the Time to Invest in Property If you’ve been considering investing in property, now is the perfect time to do it. People are literally jumping over themselves to buy investment properties thanks to interest rates being at a historic low. Owning an investment property has never been more affordable – so don’t become […]
What is a QPIA?
Having a great team around you is the first step to success if you’re looking to invest in property, and the first step to finding a great team is making sure they have the appropriate qualifications. You can start by ensuring your Property Investment Advisor is a QPIA… …wait, what does that mean, exactly? what […]
Too Late to Buy An Investment Property?
Too Late to Buy Investment Property? Are you in your 40s or 50s with no investment property or other investments, minimal superannuation and are panicking about your financial future? Stress no more, because wealth-creation through property has absolutely no age limit. While most property experts strongly advise beginning an investment property journey as early as […]
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 […]
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 […]