Building new? Why location matters more than tax breaks
Federal Budget incentives have made new builds more attractive, but experts say investors should focus on three standout markets where strong fundamentals - not tax breaks - are most likely to deliver long-term wealth.
New builds can be strong long-term investments, but only when they are in markets with solid fundamentals. (Image source: Stockland)
The Federal Government has made its intentions clear. It wants investors to help solve Australia’s housing shortage by purchasing or building new homes. Through tax concessions, planning reforms and policy incentives, the message is simple: buy new.
But should you?
Many buyers are evidently focusing on the tax benefits
while overlooking the investment risks. A tax incentive should never be the primary reason to buy an asset. The quality of the …
