Buying An Investment Property
Janine
Your Kiwi Guide in Oz
Ph: +61 410840874
PO Box 247, Everton Park
Brisbane, Queensland 4053
Do you want to Invest in Australia? Even though their is a global financial crisis, Queensland is still growing albeit by only a forecast 2% in 2010 and a good investment choice. Demand for housing still outstrips accommodation avaialable and still 1500 people a week come to South East Queensland. I have the experience to get you your Investment Property. Things you need to know about Investment Properties.
Get Advice
It is always necessary to see an Accountant first who has the qualifications to advise you on how to structure investments.
How Much Cash/Equity Do I Need
You can use equity from your NZ property to get your Oz Investment Property. Most lenders require 20% cash deposit however if you have equity and meet certain conditions, we do have a lender that will lend with only 3% cash deposit. Now that is exciting and requires an experienced mortgage broker. To get more details contact me
There are great loan products on the market for investment properties.Queensland is still doing very well being a state of choice for many people. The drift north to QLD within Australia is still common. So property is a solid investment for many years to come. With buying the first home being a little difficult for some, this means that there is still a large demand for renters and rental properties. Keeping in touch with me after purchasing means that I can advise you of the "hot loan products" on the market.
Where To Start? First Investment Opportunities
We specialise in getting you that Investment Mortgage and we do keep our finger on the pulse. Always researching the market we can point you towards some very good first investment opportunities for as low as mid $100's.Give me a call or email me and I will ask you some qualifying questions. If you meet these criteria I am happy to tell you where your Oz Investment could be...it could be easier than you think
Gearing
While we can tell you of some positive geared investments, most properties will not be positive geared in this current market. This means that you will need to inject funds.
Unlike New Zealand, Australia has compulsory superannuation meaning a nest egg upon retirement. So for Kiwi's, an Australian Investment Property can be one part of your Investment Portfolio and a good way to make gains in booming property market. In saying this, we stress again that before considering an Oz Investment, make sure you get the right advice
Restrictions
The only point to note is that some lenders have post code restrictions, this means that they will not lend in some postcodes. This is usually the further you get out of Brisbane and a bit rural, it can be difficult. Ask me first and I can help.
Let KiwisinOz get you your Oz Investment today.
