How much are the council rates?
If you have owned or own a property now then you will be well aware of the amount of rates you are paying especially if you own a residential property in a city area. Some of our clients are making the move to acreage because of this very issue. It is common for owners in residential areas to be paying well over $20,00 a year and water rates are additional. In most cases, total rates on our properties are less than $12,00 a year.
When we move to the area, what work is available?
Can we use our property as a weekender?
How long do we have to wait before we have to build?
How long will it take to build our new home?
How much deposit will we need?
Most financial institutions will require you to have saved 20% of the purchase price but there are major banks that will consider as little as 10% deposit, so if you were wanting to buy a property for say $70,000 then you will need just $7,000. There will be other fees, just ask us for details.
Can you help us organise finance?
How much will Stamp Duty cost us?
What are the rental returns?
Can you provide a list of the outgoing fees and charges related to leasing or renting a property?
How easy is it to find tenants?
We always recommend using qualified Property Managers. An experienced Property Manager has access to a data bank of qualified tenants and make renting your home easy so you can get on with your life. Our recommended Property Managers are constantly looking for property owners to rent their homes. Experience also proves that tenants tend to have longer leases and stay longer on an acreage property VS a residential city home, which gives our investors a better return, less turnover and tenants who treat your investment like it was their own.