Selection Criteria - Investment Properties
We identify quality investment properties that represent value for money with emphasis on producing the maximum return over the medium to long term for the minimum outlay within a lower risk profile with properties individually matched to clients financial requirements.
1. Economic
Our strategy to maximise your real return whilst minimising your out of pocket expenses (costs) has identified the following essential elements;
- South East Queensland growth corridor - fastest growing region in Australia;
- 60,000 - 80,000 people per year for next 20 years moving in;
- Over 500 new dwellings per week for the next 20 years to meet demand;High employment and economic growth;
- Above average growth outlook of 7% pa or above (top Residex postcodes);
- Brand New House on land - not second hand, not units and not apartments;
- Higher than average rental yield for new homes of 4% or more; and
- Supported by a Genuine Independent Valuation.
2. Infrastructure
Infrastructure underpinning and supporting yield & growth; Close to;
- Childcare & schools;
- Transport - train, bus, motorway etc;
- Local shops & major shopping centre;
- Employment opportunities;
- Industrial & economic activity.
3. Demography
- Low vacancy rates;
- Desired family location with family oriented ethos;
- Majority of homes owner occupied;
- House proud residents & owners;
- More prosperous area;
- 2nd home buyers;
- Above average income;
- Minimal welfare dependency.
4. Construction
- Brand New family home to maximise tax benefit;
- Free standing house;
- 4-bedroom, 2-bathroom, double lock up garage;
- Easy to rent;
- Ensuite;
- Air-conditioning;
- security screens & doors;
- Covered patio.
- High quality;
- Brick & tile construction;
- Ccarpet to bedrooms & lounge - tiles to remainder;
- Quality inclusions & trades work;
- Large size easy living;
- Two separate living areas;
- Higher construction cost as % of total price (maximises depreciation).
5. Contract
- All land contracts subject to approval of finance;
- Construction to be completed within six months of settlement;
- $35 per day penalty for late completion;
- Full turn-key package - no more to pay;
- Builder responsible for all cost blowouts including footings etc.
6. Other
- Properties & Borrowings are matched to individual clients;
- The property must be a quality investment in its own right;
- Not just a tax deduction or nice looking house.