Investment properties can be a great way to qualify for major tax breaks. But there’s a caveat to this: timing is everything.
Calla Property has just been awarded a place in the ‘Top 75 Investment Blogs and Websites for Property Investors’ roll of honours.
We are very proud to announce that we came 60th internationally and 18th in Australia.
We love bringing news, tips and inside property information to our clients and it’s great to be recognised on the following criteria:
Property prices are growing faster than your wages which means that every month you put money aside for a deposit, the market is moving further out of reach.
Millennials from modest families have been brought up with the attitude of keep your head down, work hard, save up and buy your own home first. Unfortunately, in today’s world, where property prices are rapidly growing, that’s no longer an easy option.
‘Rentvesting’ is a shift away from the traditional idea of owning your home with the white, picket fence on the quarter acre block. Society is changing, how we live is changing, so it’s not surprising the way we get ahead through property is changing too.
Australia’s retirement system is known to be among the best in the world. With the government’s age pension and mandatory “Superannuation Guarantee” programs from employers, it has far exceeded other industrial nations like the United States when it comes to high individual savings rate.
Many clients come to see us with the idea that they can make money from property, but they don’t really understand how. If you know the formula, and you get it right, then it’s relatively easy to make money through property investment and often it doesn’t cost very much to do so.
How is that possible? How can you grow your wealth with little initial outlay?
But I know Sydney…
This is one of the statements we hear most often at Calla Property when we first talk to clients about property investment.
Clients often feel that they know the city and even suburb they live in or have invested in in the past. Usually this is because they’ve done quite well, either through good timing or holding the property for long enough. Often this is reason enough for the client to want to invest in the same area again.
In the 1950’s we were introduced to the ‘Great Australian Dream’. A big house on a big block of land. The Hills hoist featuring in the large back yard. Large enough for all the neighbourhood kids to gather for daily cricket matches through the long summer afternoons.
Baby boomers raised their families in these constructions of suburban nirvana in the 70’s and 80’s.
Are you thinking about becoming a property investor? It’s incredibly important to approach buying an investment property in a different way than buying a home. Here are 3 important considerations for anyone looking to invest in property.
The path to investment property ownership can be long & daunting. Find out the crucial aspects of property investment and how we at Calla Property can help you negotiate those aspects in a hassle free way.