Why Australian property?
Unlike other investments, Australian residential property has some unique features that make it a standout investment
- Your investment is protected Almost *70% of Australian property is owner occupied. You may have heard that owning your own home in Australia is almost a right of passage known as the ‘Great Australian Dream’. Your investment is protected from fluctuations caused by panic buying or selling through investors, by the mums and dads who own their homes close to your investment and tend to want to stay put.
- Doubling value 7-10 years *Australian property has doubled in value approximately every 7 years since record keeping began back in the 1800s.
- Tax savings for Australian residents an investment property (if owned for more than 12 months) is subject to a 50% discount on Capital Gains Tax when sold. The costs and depreciation write-off can be claimed against other income and potentially reduce the amount of tax you pay.
- Tax savings for non-residents an investment property (if owned for more than 12 months) is subject to a 50% discount on Capital Gains Tax when sold. Costs incurred owning your Australian investment can be stored and deducted from future Capital Gains when selling your investment. You may even be able to claim part of travel expenses when attending to business in Australia in relation to your investment property (seek professional advice from your accountant).
- The tenant pays the lion’s share towards your investment. When you think about it, what other asset group pays dividends from over 95% of your stock? That is exactly what you get with residential property as rental vacancy is under 5% average across Australia.
*Source ABS Australian Bureau of Statistics
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