There are no Government incentives currently for the Investor,
The best suggestion we can give you is… “Build the base of your wealth in the property market”
It has been proven time and time again that you simply can not save for your future fast enough to keep up with inflation and the erosion of the value of your dollars. Even though you do not want to live in a certain suburb, that suburb may have good growth so you can still grow your property portfolio and live where you want to live.
The property market is “Cyclical”, that means that prices will ebb and flow, rise and plateau over a 7 to 11 year cycle. When you have decided to enter the property market as a first time investor or simply to add to your present property holdings, you will need to consider this; how much will your initial deposit be? Normally you will need a 20% deposit, otherwise you will be subjected to an extra cost and that is called Mortgage Insurance. Or you may opt to utilise any equity you may have in an existing property that you have previously purchased.
Mortgage Insurance is a penalty insurance inflicted upon you because if you can not provide a 20% deposit for you purchase the banks consider that you pose a greater risk of defaulting on your loan. Therefore, mortgage insurance is your only option and it is there only to protect the banks, but you have to pay for it.
There are still a number of lenders that will lend up to 95% inclusive of Loan Mortgage insurance for your investment purchase.
Check with your lender or Mortgage Broker.
We specialise in providing reputable Finance Brokers to assist you in successfully securing the most appropriate loan to suit your needs, whether you are a first home buyer or a novice or seasoned investor, Unito Property Group can co ordinate all your purchasing needs through our network.
At Unito Property Group, we provide you with our comprehensive services for a small fee. These services cover such areas as researching and sourcing suitable property projects for your consideration to purchase.
We have a well established network of services which we will co-ordinate on your behalf to remove any of the usual stresses that often accompany the process of securing the right property in the right location at the right price.
Such services include, providing Finance Brokers, Solicitors, Conveyancers, Quantity Surveyors, Property Managers, Tenants and Leasing Arrangements and Insurances.
We also provide you with a simple property spreadsheet to ensure you know the real costs of looking after your investment.
Our property locations cover Australia wide, we research these states and source the best potential projects to ensure that you will benefit from good capital growth and strong rental yields. Please feel free to browse our property projects for a guide to the diversity of product that we can provide.
Please note that we do not list ALL of our available property projects on our website as they are constantly changing daily.
We pride ourselves on having access to over 50 property projects at any given time. Look out for our weekly property highlights.
We look forward to assisting you at your earliest convenience.