While rental yield figures can provide an interesting indicator of a suburb's viability for investment, as is usually the case there is more than meets the eye with this statistic and often the finer detail is not considered.
Let's start by understanding what rental yield is.
With the noticeable increase in apartments and townhouse complexes in and around Newcastle and Lake Macquarie in recent years, many investors are considering which is a better investment opportunity: a house or an apartment.
Just looking at the way the skyline has changed around suburbs such as Wickham, Charlestown and Warners Bay, there are seemingly never-ending opportunities to invest in apartments. But should you? In this article we take a look at the pros and cons of both houses and apartments as investment properties.
There are many ways to increase the value of a home through renovation, as countless property renovation and styling experts have shown us on television!
While bathroom overhauls, kitchen replacements and improving "street appeal" can improve sale and rental value of a home, often investors are seeking to make relatively low-cost improvements to increase their rental return.
In this post we'll take a look at some great ideas to improve the rent you could ask for your property, in ways which generally cost in the hundreds rather than thousands of dollars.
There are pros and cons to both positive gearing and negative gearing an investment property. In this post we'll briefly outline what each approach entails, and the primary benefits and considerations of each.
Carnelian Property Management Newcastle NSW
We are a family-owned and run Charlestown real estate agent offering expert property management across Newcastle and Lake Macquarie.