Residential Investing
Selection is crucial to success when using property as an investment vehicle.
The Melbourne property market provides an excellent opportunity for investors to create wealth, however, property selection is crucial to maximise returns. The balance between capital growth, investment return and tax minimisation must be considered to identify the right investment property.
At Victorian Property Advisory, we question what constitutes a good investment property. Each property is assessed on its own merits, and must meet our strict purchasing criteria with proven performance providing above market returns. Scarcity, desirability and demand, now and into the future, are at the forefront of our decision-making process when considering a property for investment purposes, as these are the drivers of capital growth - the piece of the investment pie that creates wealth.
We understand things change and markets move, but a good investment property weathers the storm and remains in strong demand - attractive to investors, owner-occupiers and tenants alike.
The process of selecting the right investment Property for you:
1. Identify investment opportunities
Meet with you to understand your investment objectives and budget and tailor a property plan that meets this criteria.
2. Undertake Extensive Search
Inspect all ‘on market’ and ‘off market’ properties that match the search requirements. Undertake all Real Estate agent communications.
3. Due Diligence
Organise all the required due diligence prior to purchase, including building and pest inspections and arranging a lawyer to review documentation to identify contractual risks.
4. Analysis
Analyse comparable sales and rentals which have occurred in the area and undertake market research to advise you of the likely selling range and achievable rental, noting current market influences.
5. Develop Purchase Strategy
Develop a purchase strategy to ensure we have the best opportunity for a successful purchase.
6. Negotiate and Secure
Negotiate favourable purchase terms on your behalf and purchase the property, whether by bidding at auction, negotiating prior to auction, or by private sale.
Already found the property you want?
Not sure what to do next?
Need an expert to provide analysis on investment potential/suitability, provide comfort around price and help you secure the property?
We provide you with advice and representation helping you through the final stage of the process. See our Custom service.