IN SHORT……..

 

Have you ever seen a remote controlled garage door collapse?

It is in incredibly  noisy,    better to watch than a lot of   TV programs, but $2500 on average to put right.

Servicing tired or noisy

garage doors can prevent this costly outlay. 

If your Property Manager reports a noisy door to you, please give us a call.  We can provide a full service for             $99 including GST with

Alliance Garage Doors.

 

Property investing secrets that everyone should know

The Australian property market has been going strong, with a lot of the activity fuelled by investors. With interest rates at historically low levels, many people are considering purchasing their first investment property. But making a profit from an investment property isn't guaranteed – here's a few property investment secrets that may help you get started when finding that first investment gem.     *Continued Below

 

Go for capital growth

Capital growth is the term used for a property appreciating in value. Some properties appreciate in value more than others over time. The trick to making a profit from an investment property is choosing a property with capital growth potential to purchase in the first place. Research is key to making the right choice.

To be sure of capital growth, target properties in up and coming areas and adjacent to popular areas. These are likely to gain value as the suburb develops. You can also look for "ugly duckling" properties in these areas – or properties that you can improve at little expense. This will also help you to ensure capital growth. Another good idea is to look for new rezoning opportunities and get in before word spreads. These areas are likely to move from more industrial zoning to residential and can often be found in inner city suburbs where capital growth is more likely to occur over time.

Choose the right location
Choosing the right location will not only help to ensure capital growth, it will also ensure that your property is always tenanted. Inner city is often best as properties in these suburbs hold their value better and are easier to rent and sell quickly.

Try to purchase a property that's near to essential facilities like schools, public transport, shopping areas and leisure facilities like parks, cafes, restaurants and cinemas. It makes it much easier to find good tenants and will help to ensure optimal rental returns. You can often find a bargain where these facilities are planned or under construction.

 

More to come in your September Newsletter...

For “Down to Earth” financial advise,

contact Colin Hingston: 0418 910 120

   CHIT CHAT NEWSLETTER

             ISSUE TEN JUNE 2014

      04007 40225

     www.vlpp.com.au

 

FOR ALL YOU “POMS” OUT THERE

 

We would like to wish you all a Very Merry Christmas in JULY

 

Warmest Regards

 

V L Property Partners

REIWA REAL FACTS

Week ending 2 Jul 2014. Real Facts is also available on REIWA’s iPhone app.

Median Rent: $450 p/wk

Vacancy Rate: 4.0%

 

Source: www.reiwa.com.au