NRAs scheme for homes
May 31, 2010 by Tim
Filed under Finance, property market, Renovating
Hi readers , I am discovering property investment deals yielding 5% to 8 % from this Government scheme. These investment properties are in growth areas. I reckon tenants are keen as they are applying at the rate of 80 for each home, developers are keen and Investors are still discovering this scheme. The government is advising the home building shortfall in 2008 was 85,000 and expected to expand to 213,000 by 2013
The NRAS is response to this shortfall investment, property, home, developers, building,shortfall.
Reseach the website and discover for yourself .
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Design, Idea your Finanicial Future thru small Investment homes
April 7, 2010 by Tim
Filed under property market, Renovating
Currently, reading about many ways to tackle the investment property home market.
1 Buying Aged Care units with a high yield, and modest capital growth prospects. Its self funding strategy. Most western countries have an aging population as, so called Baby Boomers are nearing retirement.
2 Buying within easy walking distance of excellent public transport like a railway station, or tram stop, even where a new train station is expected. In Melbourne, its a hot strategy to buy where the tram lines have recently been extended. In outer areas, the housing estates adjacent to a new rail line or walk to a new station are selling extra well. The theory being one can expect few new lines, but expectation of more trains on current lines.
3 Buy in mining towns where the miners are highly paid and mobile, providing an excellent rental market at a good yield.
4 Buy inner city apartments, as the numbers of single households continually expand. There is a greater concentration of entertainment in the inner city and more government services and transport.
5 Buy Historical homes within the inner and middle ring suburbs, as they are not building any more Historical homes.
6 Buy in beachside retirement areas, where the bulge of retirement buyers are expected to move into in future years.
All these are interesting strategies. I am not recommending one over another. Sufficient to say if one can buy and renovate in areas where ” there will be continually rising demand”, you should be well.
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