10 / 12
The Great Australian
Dream of owning
your own home is
fast becoming more
of an actual “dream”
than a reality.
Increasing house prices have
resulted in many savvy Gen X,
Gen Y and Millennials looking
for alternative ways to enter
the property market, without
compromising their inner-city
lifestyle of soy lattes and short
tram rides to work. This has
resulted in the emerging trend
of “rentvesting”.
According to New Homes
Consultant, John Sheehan,
“rentvesting” enables purchasers
to enter the currently inaccessible
property market as an investment.
“Rentvesting gives buyers
financial confidence, by allowing
them to purchase a property within
their budget that is in a high growth
area as an investor, whilst renting
in a different location where they
prefer to live and work,” said John.
“Essentially, rentvesting allows
you to live your ‘on-trend’ lifestyle
in your favorite suburb while also
having an investment portfolio to
fulfill your future financial goals.”
In a recent report, News
Corp Australia reflected on the
rentvesting approach amongst
millennials, outlining Melbourne’s
top locations offering the highest
property growth potential being in
northern suburbs such as Epping
and Wollert, and in South Eastern
suburbs like Cranbourne and Clyde.
This is supported by Real
Estate Australia’s live statistics
which show that the median house
price in Clyde has increased by
16.5% in the last 12months alone,
outperforming traditional hot spots
like Collingwood 6%, Brighton 8.3%
and Albert Park 4.4%.
It’s important to get the
fundamentals of rentvesting correct
to ensure you maximise your
investment’s potential. Contact a
Homebuyers Centre New Homes
Consultant who can explain your
finance and legal options, help you
understand the building process
and guide your through the
rentvestment process.
$10K
FHOG
Home building coaching tip:
Want to take advantage of the First
Home Owners Grant?
Ask us how.
With 25 years’ experience, we know how handy
the extra money will be.
www.homebuyers.com.au*
Lender Terms and conditions apply including FHOG eligibility.
All finance services provided by Resolve Finance Australian Credit License 385487.
*
Is it time to consider becoming a Rent-vestor?
Rentvesting allows buyers to enter the property market without compromising their inner city lifestyle of soy lattes and short tram rides to work.
“Rentvesting gives buyers financial
confidence, by allowing them to
purchase a property within their
budget that is in a high growth
area as an investor, whilst renting
in a different location where
they prefer to live and work.”
~
John Sheehan,
New Homes Consultant.
Page 10 ~ Autumn 2017
Published On Behalf Of Dacland Pty Ltd