INVESTING IN PROPERTY
Property is an ideal investment vehicle for people to secure their future – providing it is done correctly. Almost 9 out of every 10 people that attend a property investment seminar do nothing because they lack the expertise, support and long term planning required to succeed in buying into capital city property cycles at the best time. Smart investors understand that economic conditions differ from city to city, resulting in up and down “cycles” of property activity.
Even though over the mid to long term property is a consistent performer, it still makes good sense to take advantage of buying into the right city at the right time. Do you know what cities are now entering potential boom cycles?
Stay under each State’s Land Tax free threshold. Each of Australia’s states and territories has different rules for how tax is levied on the unimproved land value of investment properties. With all your investment properties in one state, you may exceed that state’s land-tax threshold, and incur a sizable tax bill. Knowing the tax-free thresholds means you can reduce your tax burden by buying properties in different cities. A diversified portfolio has clear taxation advantage.