Buying an investment property comes with certain securities and tax benefits, most notably the ability to claim back your expenses including on paper costs, such as depreciation. This can lower your tax payable at the end of the financial year, providing considerable savings - particularly with brand new homes.
Investing in a new home also provides you with added confidence as all new homes are required to include Home Building Compensation (Home Warranty Insurance) against major issues as well as providing peace of mind that you will unlikely encounter unforeseen repair bills or replacement costs for major appliances.
The added bonus of a new home is that it should attract a higher quality tenant, with prospective tenants often willing to pay a premium for brand new, ‘on trend’ fixtures and finishes. This all equates to lower maintenance costs and simplified tenancy management which will maximise profit margins and minimise the potential stress of repair requests from tenants.
What are my options?
Single Dwelling
Duplex
Dual-Key
Dual Occupancy
