Financial Benefits from Buying New Homes #3 - Turning Savings into Capital Growth
Historically, your money will grow faster in property than by savings in the bank. Capital growth gives you a financial bonus.
It can be shown that if you buy a new home in a growth area where you can afford, then the equity in that property can be far greater than regular savings.
In order to capitalise on the growth in the Hunter Valley, buying now is key. Prices have already started to climb in this area. In Thornton for example, prices on new homes have jumped $49,000 in the last 18 months.
How long would it take you to save an additional $20,000?? 12 months or more??
If it would take you longer than 12 months to put aside an additional $20,000, then by the time you have saved that much, house prices will likely have increased by over twice that.
If you buy a new home off the plan home now, you secure the property at today's price. If the land doesn’t register for another 6-12 months then you are ahead, because the land price will continue to rise with each release, but your purchase price will not.
Enjoy capital growth by doing nothing but buying a new home that you can afford right now. That's a smart investment strategy.
Talk to us about how to make your current savings work for you. Buy a full turnkey fixed price new home at today's prices, and watch your equity grow by doing nothing more.
Oliver Myers Real Estate - [email protected] (02) 4322 5600
Tony took his time to meet my requirements
When looking for a property for my parents, I was introduced to Tony. After I described my requirements, he took the time to show me areas that fulfilled my requirements, and then specific locations, floor plans and similar new homes that he believed, based on my criteria, would be suitable. Thank you Tony.
Nothing but wonderful!
My venture into my first home on the coast was made easy by the support from Tony and his team. They were nothing but wonderful!
Willing to go the extra mile
Tony and his team were willing to go the extra mile to show us properties in new and growing areas that would be suitable to include in our investment portfolio. Following our earlier success in securing a new build on land in the Newcastle region, we were keen to investigate other locations which would provide capital growth and good rental return with a low vacancy factor. His team thoroughly researched all those requirements and provided great options.
- Roger Smith
Making Life Easy for us Landlords!
Tony and his team assisted us in buying a new off-the-plan home for investment purposes. We were given plenty of information on the location and trends in the area, and the types of properties that were popular with tenants. Tony has many trusted contacts in real estate and associated industries, and referred us to a quantity surveyor who has helped us claim a lot more depreciation than we thought we could, and to a great property manager that is making our life easy for us as landlords. It’s been a very successful relationship!