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
Highly Efficient and Customer Focused
Oliver Myers Real Estate Gosford is a long standing and well established leading Central Coast Business serving the real estate needs of an ever growing population in an highly efficient and customer focused manner.
We have dealt directly with their agency and more specific with Principal Tony Myers, over many years now and cannot speak more highly of their commitment to their clientele and for their complete professionalism in all that they do.
For all your real estate and property investment needs, you need go no further that Oliver Myers Real Estate and Tony Myers.
- Peter & Janette Hogg, Proprietors Platinum Retirement Solutions
Best Real Estate Book Ever!
I've tried to read other real estate books and they are all really large and hard going.
Tony's book is plain and simple, easy for everyone to understand.
It's the best real estate book I've ever read.
- George Szafranski
Well Thought Of
Tony Myers is a well known real estate agent who I have known for about 30 years. He has a thorough knowledge of the Central Coast property market and is well thought of with those whom he does business.
- Edgar Adams
Editor at Central Coast Business Review
Excellent Customer Service
The team from Oliver Myers Real Estate have gone above and beyond expectations to help me. They gave more than 100% effort to work with me to help me find my dream home. I cannot fault their service and would certainly recommend them to my friends and family.