Unlike many financial advisers, we are happy to advise on investment in direct real property as part of a robust financial plan.
In our view, direct property is a key strategy for the creation of wealth in Australia, but it is not the only strategy. The purchase of one house for investment on one street in one suburb will not ensure a comfortable retirement, nor will it lead to untold riches. To put it another way, all investments are NOT made of bricks!
Investment in property should not be taken lightly. Like any other investment, values can rise and fall, and it can take time to dispose of should you need to. Planning for these risks is essential for you to get a successful outcome.
Having said that, structuring the acquisition of property appropriately to maximise the benefits of the taxation environment, and to ensure that it fits in with your overall plans is part of what we do. Whilst we cannot advise on the purchase of a specific property, we can assist you in working out the likely costs and benefits of a potential purchase, and help you to put plans in place for when the time comes to dispose of the property.