澳洲Australia property House vs Flats vs Land? | Sydney


在澳大利亚 The pool at of an IP needs to be resurfaced (or so the pool doctor says), the cost was estimated to be $10K ($10,000), after recoverying from my impresssion of a cat coughing up a fur ball, it just seems far too much. Its just a standard poo I need some advice regarding a property purchase. Property - semi-detached house Bedrooms - 2 Condition - average needs internal reno to modernise Street - one of the best in suburb Location - excellent Close to schools - yes Transport - 50m


Trying to come up with some pros/cons for each one from an investment point of view. Just after some help...

Houses - you own the land and can redevelop it. More capatilisation options than a flat. More rental appeal overall than flats.

Flats - less maintenance than houses. Generally more affordable than a house.

Land - No income. No maintenance. Isn't exactly going to wear out.

Any other important comparison too make?  

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FrugalOne said: ↑
Houses - you own the land and can redevelop it.Click to expand...
Yes

FrugalOne said: ↑
More rental appeal overall than flats.Click to expand...
No. Depends on your target tenant pool.

FrugalOne said: ↑
Flats - less maintenance than houses.Click to expand...
No. HWS still wear out. New roof is still required, etc. Its just that you pay strata levies on a regular basis to cover maintenance, whereas with a house, people do not budget for it until it happens.

FrugalOne said: ↑
Generally more affordable than a house.Click to expand...
Yes

FrugalOne said: ↑
Land - No income. No maintenance. Isn't exactly going to wear out.Click to expand...
Yes but neither are expenses tax deducitible unless you plan to build on it in a timely manner.

FrugalOne said: ↑
Any other important comparison to make?Click to expand...
Yes, you have neglected to consider:
1. LVR loans available on each are different. i.e. land on its own usually a lower LVR whereas a house or unit might get a 90-95% LVR. A block of flats are treated more commercially and might only get a 70% LVR loan
2. Land Tax. Buying a block might push you into paying land tax on your first purchase, whereas you'd need to buy a couple of houses to get to the same level.  

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thanks Propertunity - handy tips...  

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Hi Frugal

Try this the other way round.

When you decide to buy a new car, you dont go and drive everything thats on the market.

You decided what u want the vehicle to do for you, how much youd like to spend, and on that basis, you can come uo with a shortlist.

You could use the same approach with investing .........

ta

rolf  

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