Property investors should select new residential property with a high rental return, in a high growth area with a good surrounding job market and infrastructure in place or imminent.

Why residential? Commercial property can be a good investment but it has a higher risk of vacancy than residential and is more difficult to finance.

Why new? New property has attractive tax concessions for five years which can go a long way towards covering the ownership expenses.

How do you assess rental return? The easier way is to compare weekly rental to purchase price. For example, if you purchase a property with an estimated weekly rental of $290 for $290,000, then you are getting a $1/$1000.

Where are the highest growth areas? The two highest growth areas in Australia are the Gold Coast in Queensland, which is well known, and the City of Casey south east of Melbourne. Casey has just past the Gold Coast to be the fastest growing region in Australia.

What is a property investment strategy?

Disclaimer - The information provided is not advice. It is general in nature and may not apply in all cases. Past performance can not be relied upon as an indicator of future performance. All persons must rely on their own investigations.