Considering An Investment Property
Is capital growth still up? What about rental demand? Where should I buy?
These are questions people grapple with when investing. With Homecorp investment property, we research population growth, rental returns and vacancy rates as well infrastructure amenities so you don’t have to.
Homecorp compile reports on each suburb as well as the wider region before we choose to develop there. This forms part of our investment property selection criteria.
Our experience tells us that when people are looking to invest in property there are three major factors that come into play:
- Budget – usually determined by your bank
- Location – when investing that means the right strategic location
- The Right Property In The Right Strategic Location – and that’s where the Homecorp team can help you find your hot spot
Homecorp have been developing since 2004. We have seen summers come and go. We have enjoyed springs and found the best way to brave the winters. When you choose a Homecorp house and land estate to invest in, you get the wealth of our experience for free.
Holmview in South East Queensland
Factors like infrastructure spend, transport connections, health and educational facilities are just some of the criteria we consider before we start to develop our house and land estates.
We are happy to share what we know so reach out to the Homecorp team for suburb profiles and information memorandums.
Investment Property Location Criteria
Location, location, location – it’s a real estate cliché for a reason and it’s just as valid for investors as it is for owner occupiers. Proximity and convenient access to public transport, schools and other amenities that key to most people’s lifestyles. Having easy access to shops and restaurants makes a property more appealing to a tenant and can generate rental demand.
If an area is likely to undergo development or there are big infrastructure projects planned, that could mean more local jobs and this may increase demand for a property as well as its value.
As you may have guessed, many of these factors relate to each other – like the location and age of the property will have an effect on its capital growth – so you should consider all of these factors in a holistic way before making a decision.
Take Logan Reserve for example. The size of Logan Reserve is approximately 14.6 square kilometres. It has 6 parks covering nearly 1.6% of total area.
The population of Logan Reserve in 2011 was 2,154 people. By 2016 the population was 3,549 showing a population growth of 64.8% in the area during that time. The predominant age group in Logan Reserve is 20-29 years.
Households in Logan Reserve are primarily couples with children and are likely to be repaying $1800 – $2399 per month on mortgage repayments. In general, people in Logan Reserve work in a trades occupation. In 2011, 68.3% of the homes in Logan Reserve were owner-occupied compared with 60% in 2016.
These are some of the factors that led to Homecorp developing The Verge in Logan Reserve.
Homecorp has put together reports on all the key activity in each region and suburb. If you would like to know more, reach out to the Homecorp team today.