How to get more from your investment

When it comes to your Northern Beaches investment property, whether residential, retail, industrial or commercial, you need to know you’re getting the highest return out of your investment and receiving sound advice.

What makes a good investment?

Comparing apartments and houses in the residential property market in relation to returns on investment can be daunting but at Clarke & Humel we can help. When looking to buy an investment apartment you must weigh up location, aspect and parking against outgoings, levies, rates, insurance and rental income potential. It is also important to consider local economic impacts such as budget boosts and new developments that could impact the rental demand and value of your property.

Private Residence

For houses, the same considerations apply however, land tax can be a significant outlay that may impact your return. That said, houses provide a greater level of capital growth long term and with the possible future changes in stamp duty, further benefits or offsets may be possible.

Commercial

Commercial properties generally provide a higher return on your investment with fewer capital outlays, offer a longer-term hold but achieve less capital growth over time. If you’re looking at sound commercial investing, consideration to the tenancy commitment and rental income often dictates the purchase price together with any development upside. Outside of that, vacancy rates can be much longer creating a property with a greater risk. The impact of COVID on the commercial sector offers opportunity and we envisage seeing increased demand. local shops will bounce back providing security and optimism for commercial investment.

Whether you are looking to add to your investment portfolio, buy your first investment or need a health check on your current commitments, Clarke & Humel have the experience and expertise to get the best out of your investment and provide sound strategic advice. Click to contact us or call 9977 3300.