The timeless battle between old and new properties as an investment
Weighing up whether to buy or build is a choice that comes with its own set of advantages and disadvantages, particularly in terms of financing options, ease of tenancy, location and capital growth, risk factors and tax benefits.
Building or buying an established home can be one of the toughest decisions facing a home buyer. (Image source: Shutterstock.com)
Now is a promising time to be a property investor in Australia.
Despite ongoing challenges in the industry, the property market has shown resilience. House values have risen by 8.3 per cent over the past year. Additionally, the number of residential listings is over 7 per cent higher than the five-year average and with the current imbalance between supply and demand for rental properties, there is a steady stream of tenants seeking housing.
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