General QnA - Property Investment Q&A

• Should I subdivide and build?

  I’m considering this property with a large backyard and my friend suggested that I could subdivide the land and build a three bedroom house behind the one already there. I’ve estimated the costs to be around $400-$500k. Will this be a good long-term investment for me, or should I buy a new property altogether? read more

• Where to buy investment property in Sydney

  An investor with a $450,000 budget is looking for advice on what and where to buy in Sydney. Read on for the interesting tips that the Your Investment Property online forum community sent their way. read more

• Is there a way to value off-the-plan apartments?

  When you buy off-plan units, is there a way to calculate the right price for an off-plan project in a certain area? Or is there a guideline to compare the price of a brand new apartment to that of a five-year-old apartment with similar features in a similar location? read more

• Can you claim depreciation on renos?

  I know that depreciation doesn’t apply to properties built before 1985, but what about renovations done since then? If I install a new kitchen for example, can I start claiming depreciation on that because it was installed after 1985? read more

• I'm scared to increase the rent

  I’ve had the same tenant for three years and haven’t increased the rent since he’s been there. I’m starting to feel the pinch financially with my mortgage and need to up the rent. My problem is that the tenant said he’ll move out if I do and I don’t have a buffer in place to deal with even a short vacancy. How can I manage this situation? read more

• How to look good to your lender

  I’m eager to start picking up more investment properties, there’s just one problem: I’ve recently become self-employed and worry about my ability to get finance. What can I do to reassure the bank that extending me a line of credit is safe? read more

• Are ex-commission houses worthy investments?

  We’re looking to get an investment property and are thinking Warrnambool, Vic. Some houses there are ex-commission selling at a cheaper rate. They’re in decent knick, but I worry that the value will be stagnant compared to other houses in the area. Can these types of houses be good investments? read more

• Is there any point in using a buyer's agent?

  I’m married with three children and looking for my first investment property. We’re both self-employed and own our home outright, worth $450k. I have a deposit of $120k and pre-approval of $400k. Knowing this information, would a buyer’s agent be beneficial? read more

• Good deal or hidden nightmare?

  I recently found a great property, but it’s been on sale for over 200 days, despite being only $350,000 and in a popular suburb. There doesn’t seem to be any serious structural damage, but could there be something I am overlooking? Could a great deal like this really have been ignored by the general public? read more