We have so many great homes in so many great locations you’ll love the choices.
For example – here’s one of our typical 4 bedroom house and land packages – take a look at the floorplan and check out the inclusions – they’re all turnkey – not another cent to spend, and a tenant’s dream!
Here’s just a couple of reasons why house and land packages make sound investments –
Tax Benefits – with new properties, you can claim deductions on things like construction expenses and fixtures, and a depreciation report from a local surveyor will determine how much you can claim in depreciation each year—you’re likely be surprised at the amount!
Stamp Duty Savings – you only have to pay stamp duty on the land itself. This could save you anywhere between $5,000 to $10,000!
Talk to our fabulous finance team to find out more. In the meantime, here’s a sample out of pocket calculation for an investment property –
So now you can see just how affordable your investment property can be. It may only cost as little as $30-$40 per week over the course of a year out of your pocket.
Not sure where to start? It’s easy – call Shelley today on 1300 652 84 or chat to a finance team member first about your options.
Salary and Wages: $75,000 Mr and $35,000 Mrs Claiming Tax deduction only on higher income
Purchase Price: $400,000 Plus loan, purchase, and holding costs of approx. $ 23,000
Interest rate: Interest Rate 4.48% Interest Only
Est Rental: $350 per week
Ongoing expenses: $6,500 per annum approx. inc rental expenses
Depreciation: Based on building and fittings
Disclaimer: Note that the computer projections listed above simply illustrate the outcome calculated from the input values and the assumptions contained in the model. Hence, the figures can be varied as required and are in no way intended to be a guarantee of future performance. Although the information is provided in good faith, it is also given on the basis that no person using the information, in whole or in part, shall have any claim against Whitestar Money Management – Mount Waverley, its servants, employees or consultants. This information is intended as general advice only and does not take account of individual needs or financial circumstances. Intending purchasers should do their own assessment or consult a licensed investment adviser.