Investing in property is one of the best investment options after gold. Your money is safe and can withstand any drastic changes. Here are few more reasons to invest in property:
1.If you compare investments made in the stock market and those made in property you will see that property investments aren't as volatile as the market. Unlike the stock market buying property is really easy and the legalities are comparatively easier to understand. For someone who wants to keep things simple and straight, it can't get easier than investing in property.
2. Compared to other investment options, the rate of returns is much better on property investment. If you compare it to the stock markets or bonds, long term returns on property investments are definitely more.
3. Like we mentioned earlier, it is a buyer's market today and purchasing property now is a great idea. Capital growth is a very important factor and it doesn't happen if your money is just lying there in the bank. When you purchase property you expect it to appreciate in value which in turn leads to capital growth.
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5. If you own a property, you can use it as security and release equity. Control is an added perk with property investment. You can't change the fate of your shares or improve their value. You can however improve the standing of your property with minor adjustments like remodelling, renovations, basic repair work, landscaping etc.
6. You can also decide to rent out your property, if you do not plan to utilise it for yourself in the near future. This will not only improve your cash flows, but also provide a supplementary income. In case you bought your property on a loan, you could use the rent amount to clear those monthly instalments.
7. Property investment offers greater tax benefits as you can claim any expense incurred while maintaining the property. Depreciation and interest can also be claimed for tax benefits.
If you are looking at property investment in Australia, Pandanus at Atrium is a great choice. Pandanus at Atrium is a project that comprises of 3 and 4 bed town houses in the elite suburbs of Buderim in South East Queensland.
To find out more about one of the best properties in Buderim visit http://www.pandanusatatrium.com.au
Lissa Kenty is a property investor and advisor working in the industry for two decades. She loves to travel and blog.
http://www.pandanusatatrium.com.au
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