Complying with rental property requirements is likely to become more expensive over the next few years under the new Government. Some experts are predicting this will lead to the death of amateur property investment, but we don’t think it will be quite that bad.
Most of our clients have done extremely well out of the apartment boom of the past 10 years and we’re likely to see yields increasing as prices remain steady.
However, for properties that are going to need a lot of maintenance, the numbers may just not add up. For those who are close to retirement or have a better-yielding opportunity, there will certainly be some appeal in cashing out now. Impression has a sales arm that specialises in finding buyers for your apartment, no matter what the condition. Give us a call or fill in this form for a free appraisal (we also offer instant rent appraisals) and one of our fantastic sales team will give you a call or send you a text.