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3 Hot Property Strategies for 2018

Posted by Impression on 25, Jan 2018

Get creative in 2018 with fresh strategies for property investment

1. Airbnb/executive rentals

We’re going to see the short-term rental market mature this year, with a better understanding of what’s involved in Airbnb-ing your apartment. There are risks and rewards with short-term rentals – and we can manage it all for you – so talk to the team at Impression about how it could work for you.

 

2. Off the plan purchases

While the LVR restrictions have eased by 5%, it’s not enough to make a big difference. But of course these restrictions don’t apply to new builds. You can buy an off-the-plan apartment with just a 10% deposit in many cases – which could be as little as $50,000. And tenants love new builds.

 

3. Buy and renovate

Traditionally a residential strategy, this year could see investors with run-down apartments exit the market instead of spending on refurbishment. That will provide the opportunity for savvy buyers to snap up a bargain and bring it up to a better standard for a vastly improved yield. Keep your eyes peeled for tired apartments!

© 2018 Impression Real Estate Limited - Licensed Real Estate Agent (REAA 2008)