Apartments living has been a choice for many young couples these days be it for convince or affordability and some of the advantages and not limited to below specially 1 Bedroom Apartments.

Easy to Maintain: When living in an apartment all you have to worry about is cleaning the internal area 50 SQM to 60 SQM as all other areas like the lobby, parking area, and other exterior aspects are going to be maintained by the Strata or body corporate.

Less Bills: Apartment living can cost you less in terms of heating, cooling and other utilities such as water and electricity.

Live closer to workplace : As generally 1 Bedroom Apartments occupy less space hence most of the apartments would be close to your work places and reduce a great deal of travel time and giving you an opportunity to best utilise the time to learn that next skills that you always aspired for.

Community and belongingness:  We as social animals, would love social interactions on a regular basis. When we live in an apartment, it provides us the opportunity to establish a good bond with many of our neighbors. 

Views: With views facing water or play ground or open area make the small spaces appear bigger and less boxy

Affordable: 1 Bedroom Apartments would be a lot more affordable than a house in most of the suburbs where you would be exploring buying an apartment.

Like any other aspect in life even 1 Bedroom Apartments or Studio apartments comes with few disadvantages and let’s look at few best practices to overcome those. 

Less Storage: One of the first things you realize in apartment living is that there is less storage space. Anything that can possibly be shrined should be — and that could be old documents and pictures. Convert them into a DVD or CD collection or for that matter store them in cloud digitally. Online storage not only saves space in your apartment, but it also provides you with quick and secure access to your documents or pictures.

Declutter: Even if you downsize your stuff, you’re still likely to have more than you truly need to be happy and secure in your apartment home. Vigorously declutter your life before, during and after the move. If you aren’t absolutely in love with something – get rid of it! You’ll be surprised how freeing it can be to reduce the mess in your life.

Now Let us look at few 1 Bedroom Apartments options that you can explore with me.

1 Bedroom Apartment Ryde Sydney For Sale

Just 20 minutes to the CBD, settle into a place that feels removed from the city clamour yet with everything close at hand.

Walk to nearby trains, bus and ferry wharf. Shop the big brands nearby Rhodes or Top Ryde shopping centres. Get career-minded at Meadowbank TAFE, prestigious Macquarie University or the leading business hubs at North bank and Macquarie Park.

Travelling a further afield, them M2 and M4 motorways put greater Sydney within easy reach.

For families, premier local schools are a major drawcard with St Patrick’s College, Sabina, and Trinity Grammar Preparatory amongst other nearby.

For families, premier local schools are a major drawcard with St Patrick’s College, Sabina, and Trinity Grammar Preparatory amongst other nearby.

1 Bedroom Apartment Hurstville Sydney For Sale

Your new life of luxury starts here with a view that has to be seen to be believed, rising high above the Hurstville cityscape. From the privacy of your sun-kissed balcony enjoy panoramic sights of Botany Bay, Sydney CBD and Greater Sydney every day.

• Sophisticated living areas with free-flowing interiors, quality carpet, split system air conditioning
• Gourmet kitchens with premium SMEG stainless steel appliance including gas cooktop, ducted range hood, multi-function oven, microwave and dishwasher
• Stunning bathrooms with bathtub and mirrored shaving cabinet
• Internal laundries with clothes dryer
• Spacious bedrooms with mirrored sliding wardrobes
• Security basement parking with carwash bay

1 Bedroom Apartment Epping Sydney For Sale

This project embodies the style and elegance of contemporary European design.  This distinctive low rise development is set over six levels with a rooftop garden, offering a stunning selection of apartments with picturesque views of the leafy Epping precinct.

It is surrounded by many local attractions for shopping, cuisine and leisure, so residents have the absolute convenience of leaving the car at home.

• Epping is a highly sought after suburb located just 20km North-west of the Sydney CBD
• Within walking distance to Epping train station and bus stations where frequent transport services connecting you to everywhere in Sydney
• Only 750m walking distance to Epping town center where you can find a great range of eateries, supermarket and specialty stores. Carlingford Court, Eastwood and Ryde are a short drive away
• Enjoy handy transit links to nearby business parks, Chatswood and Macquarie Park with Carlingford Road and Epping Road is within close proximity.
• Surrounded by top state schools such as Arden Anglican School, Epping Boys High School and Epping Public School

1 Bedroom Apartment Lane Cove North Sydney For Sale

Perched across the harbor from the Sydney CBD, Lane Cove lies within easy reach of the city but feels a world away.

• Less than 10kms to Sydney CBD
• 8 mins drive to Lane Cove National Park
• 8 mins drive to Lane Cove Village
• 2.1kms to Lank Cove Bus Interchange
• 7 Mins drive to highly ranked public and private schools

Boutique living environment inspire calm and delight in every moment of the day.

1 Bedroom Apartment Dee Why Sydney For Sale

Beach vibes with an urban edge. Close to the ocean waves and the lively beat of Dee Why’s town centre, life at Delmar moves at your own pace.

A place that reflects all the best attributes of the city and coast. At the gateway to Dee Why’s growing town centre and a stroll to the beach, Delmar’s ‘inside-out’ design approach captures the suburb’s dual urban and coastal lifestyles. The exterior palette mirrors the colours of the shore. Dee Why’s busy weekday life is reflected in Delmar’s proximity to retail hubs and super-express bus transit.

IN THE HEART OF AN URBAN NEIGHBOURHOOD

The city, the beach, shopping and leisure. Wherever you want to be, whatever you want to do, Dee Why brings a relaxed beach lifestyle within reach.

• Dee Why Beach & Coastal Walks
  5 mins’ drive to the pristine coastline where you can enjoy laps and naps amongst the spectacular scenery
• Dee Why Village Plaza & Lighthouse Mall
  4 mins’ drive to Coles, Woolworths, fitness center & dining precinct
• B-Line Bus Stop
  3 mins’ walk to rapid bus transit offering commute to the CBD or to Manly to catch the express ferry to Circular Quay

1 Bedroom Apartment Kogarah For Sale

Situated just 14km south of Sydney’s CBD, Kogarah epitomises relaxed village living and everyday convenience.

This project is Kogarah’s new residential precinct, a central part of the vibrant, up-and-coming neighbourhood of Kogarah North. An undiscovered gem in the St George district’s vibrant heart, its revitalisation offers residents the best of all worlds: a vibrant, buzzing precinct within moments of trains, schools, hospitals and so much more.

Convenient commute

A quick 4min stroll to Kogarah train station, taking you to the Sydney CBD or Sydney airport in 20mins. Multiple bus routes and M5 Motorway connects you to the hotspots around Sydney.

Thriving student community

Surrounded by premier schools such as Kogarah Public School, Kogarah High School & St George TAFE

Future growth of Kogarah

As a part of the Georges River Council’s 2050 strategy Kogarah boasting accessibility, diversity and innovation, Kogarah will provide more job opportunities, more transport services and better road connections.

I am more than happy to assist you if you’re looking at buying your owner-occupied or investment property. In addition to above I do have multiple other projects which have 1 Bedroom Apartment.

In the meantime, please have a look at the property options in Sydney and please feel free to call me at +61 470 467 709 to schedule a meeting to take this forward and help in achieving your property investment goals.

CLICK HERE FOR PROPERTY OPTIONS

Of the 1,214,372 occupied apartments in Australia in 2016, nearly half (47%) were in New South Wales, followed by 23% in Victoria and 17% in Queensland.

Sydney economy continues to be the nation’s leading economy, with the strongest employment base and largest contribution to GDP.

Sydney economy will continue to perform strongly with ongoing investment into infrastructure and key global economic growth sectors.

Let’s get started and look at few apartment options either for owner occupied or for investment purposes.

Apartment for Sale Schofields Sydney (Studio, 1, 2 and 3 Bedrooms)

Located in Sydney’s North West, Schofields is a flourishing area primed to take advantage of the new Sydney’s Northwest railway that improves accessibility from Schofields to major centres and employment including Parramatta and the Sydney CBS. Minutes from the M7 and other major roads, and only thirty minutes from Parramatta, Schofields is a favourite of both families and young professionals.

• Schofields train station – 600m stroll– with park and ride and kiss and ride, taking you to Parramatta in 25 mins and CBD in under an hour
• Schofield’s shopping precinct (with Woolworths, Chemist, BWS)
• 10 min drive to Rouse Hill Shopping Town with 200 speciality stores, a cinema and restaurant precinct
• Schooling: Nirimba educational precinct (WSU & Tafe), St Joseph’s Primary School, St John Paul II Catholic College, Wyndham Colege, Hopscotch Kindergarten & Ready to learn and Alex Avenue Primary School planned for 2021
• Stonecutters Ridge golf course
• Marsden Park Business Precinct, including Costco/Ikea/Aldi
• M7 & Badgery’s Creek airport (Sydney’s 2nd airport)
• Planned town centre
• Western Sydney entertainment/attractions – Feather dale Wildlife Park, Sydney Zoo, Raging Waters

Apartment for Sale Kellyville Sydney (1 and 2 Bedrooms)

1- & 2-BEDROOM APARTMENTS – most with Study or media rooms

Collection of low-rise apartment buildings offering a unique lifestyle, just 35 minutes from the Sydney CBD. Set in the midst of country style living, surrounded by parks and a stunning golf course.

Apartment complexes in Kellyville are rare. Savant’s low-rise architectural design blends serenely into its local environment. 

• 800 meters to Bella Vista Metro Station
• 1.3 km to Bella Vista Public School
• 1.5 km to Glenwood High School
• 35 mins to Sydney CBD
• 400 Meters to future Balmoral Road Sports Complex
• 1 Kms to future approved Woolworths Shopping centre
• one-stop to Norwest Business Park with existing and future job opportunities.

Apartment for Sale Carlingford Sydney (2 and 3 Bedrooms)

Located opposite the campus of the acclaimed James Ruse Agricultural High School and adjacent to the Carlingford rail station, Somerset will reach new heights in elegant, luxury living in North Western Sydney.

This highly sought-after residential location is popular due to its central location between the Sydney and Parramatta CBDs, access to transport and some of Sydney’s best schools, shopping and recreational opportunities.

• Walkable distance to the Indian grocery store
• Child care across the road
• 4 Mins drive to Carlingford Court and Village
• 6 Mins drive to the north rocks shopping centre
• Surrounded by premium schools, including Carlingford public, Hight and James Ruse and Murray public school

Apartment for Sale Quakers Hills Sydney (1,2 and 3 Bedrooms)

Creates an inviting community spirit that warmly welcomes a sense of belonging. Situated in the heart of Quakers Hill, you’re highly connected to your daily life, yet encircled by lush, green open space and parklands which provides for a serene sense of coming home at the end of the day.

Enjoy the countryside charm and superb amenity close by:

• 5 minutes’ walk to Quakers Hill train station
• Minutes’ walk to local restaurants, supermarkets, community centre, and medical centre
• Walking distance to Nirimba Education Precinct, including secondary schools, TAFE and Western Sydney University
• Minutes ‘drive to Hambledon Public School, Quakers Hill Public School and Quakers Hill High School
• A short drive to local Castle Hill Country Club, local tennis court and sporting ovals
• A round of golf at Sydney’s first Greg Norman-designed golf course, Stonecutters Ridge Golf Club

Apartment for Sale Wentworthville Sydney (1,2 and 3 Bedrooms)

Located in the heart of Wentworthville, one of Sydney’s fastest growing suburbs. The Adrian is surrounded by key amenity from every angle: schools, universities, hospitals, entertainment, parks and Sydney’s second largest CBD – Parramatta.

• Less than 12 minutes from the Parramatta CBD and 30 minutes from the Sydney CBD by rail and only one stop from Westmead Hospital
• Wentworthville train station is only 5 minute walk from the Adrian which makes commuting a breeze for resident
• Retail is truly on your doorstep, with access to cafes, a great range of dining options, grocery stores, and fitness centre including Wenty League club. Wentworthville mall, Coles supermarket all within easy reach
• Surrounded by premier schools such as Wentworthville Public School, Our Lady of Mount Carmel Primary School, and more

Apartment for Sale Holroyd Sydney (1 and 2 Bedrooms)

This new development will transform a historic milling estate into a revitalised residential precinct. Embrace comfort and style just moments from Parramatta’s burgeoning CBD and mere steps from the beautiful Holroyd Gardens nature reserve.

Living at The Mills puts everything you need at your fingertips, from specialty purveyors of fresh food and supermarket convenience to fun, fashion and dining.

• Less than 3 minutes away, Stockland Mall is brimming with 200+ new places to shop alongside established major retailers and cafes.
• 8 minutes’ walk to Merrylands train station, bringing you the vibrancy of Parramatta’s CBD and Westfield is only 2 train stops away.
• Easy access to M4 motorways, taking you to all hotspots around Sydney
• Surrounded by premier schools such as the King School, Holroyd High School, Merrylands Public School
• Close proximity to Rosehill Garden, Western Sydney University and Sydney Olympic Park, the World Class Westmead Hospital and Holroyd Private Hospital

Apartment for sale Castle Hill Sydney (1,2 and 3 Bedrooms)

Each apartment is a luxurious and timeless home. The story of complete living with enviable grandeur: feature walls of clear-glass windows lead outwards to a private balcony– saturating your spacious, stylish central living area with Castle Hill’s warm sunshine and soft breezes, bedrooms provide you ample space to rejuvenate.

Modern, premium finishes are on display within these spacious and stylish bathrooms. With its luxurious showerhead and heat lamp to keep warm, you’ll wonder if you accidentally stumbled into a hotel.

• 5 mins to castle Hill Towers
• 3 mins walk to The Hills Showground Metro Station
• 2 mins to Norwest Business Park
• 3 mins to Castle Hill Metro

Apartment for sale Parramatta Sydney (Studio, 1 and 2 Bedrooms)

Live in one of the most dynamic and in-demand city precincts in Sydney in a uniquely cosmopolitan setting seamlessly linked to Parramatta CBD. A fusion of global style and creativity designed to live, work, play and stay.

42 stories high with spectacular range of luxury apartments and penthouses usher in a brilliant new era of sophisticated living. An architectural triumph, SQ1 will shine as an unforgettable address.

One of Australia’s most liveable cities, Parramatta is growing rapidly with multi-billion-dollar infrastructure and renewal projects creating new 21st century living, working and cultural environments.

• 6 minute walk to Parramatta Train Station and Bus Station 
• 9 minute walk to Australia’s 4th largest shopping centre Westfield’s Parramatta with 488 stores built over 5 levels
• Located in the heart of Parramatta on Church Street where you can enjoy a buzzing nightlife with  leading restaurants and cafés
•  A range of Gyms, Fitness and Yoga centres within walking distance
• A short bus trip to WSU Parramatta Campus
• Close to top of the range schools including; The Kings School, Parramatta East Public School, Macarthur Girls High School, St Patricks Primary school and Clement Art School

Apartment for sale Kogarah Sydney (1,2 and 3 Bedrooms)

Kogarah’s new residential precinct, a central part of the vibrant, up-and-coming neighbourhood of Kogarah North. An undiscovered gem in the St George district’s vibrant heart, its revitalisation offers residents the best of all worlds: a vibrant, buzzing precinct within moments of trains, schools, hospitals and so much more.

• 4 min stroll to Kogarah Train station
• Walking distance to St George Public and Private Hospital
• Surrounded by the premier school such as Kogarah Public School, Kogarah High School
• 20 mins drive to Sydney CBD and Sydney Airport

Apartment for sale Merrylands Sydney (1,2 and 3 Bedrooms)

A range of Studio, 1, 2 & 3 bedroom apartments are available, many with an additional study area, secure parking and enviable views of the city skyline.

Concerto is a prominent residential complex incorporating extensive landscaping and rooftop courtyards, swimming pool and a host of leisure amenities and green spaces close by.

Unrivalled in the Merrylands district, Concerto offers stylish contemporary apartment living in the most convenient location:

• Parramatta CBD is just 2km away and Sydney CBD is 25km away
• Rooftop courtyards and Swimming pool with panoramic views across the region
• Directly opposite to Stockland Merrylands Mall, with Westfield Parramatta close by
• Adjacent to Merrylands Train Station, including extensive bus routes
• Future Parramatta Light rail

I am more than happy to assist you if you’re looking at buying your owner-occupied or investment property.

In the meantime, please have a look at the property options in Sydney and please feel free to call me at +61 470 467 709 to schedule a meeting to take this forward and help in achieving your property investment goals.

CLICK HERE FOR PROPERTY OPTIONS

Let’s first understand what is passive income?

In simple terms, passive income is earnings that is being generated where you’re not actively involved day in and day out. In other words, the income that is generated repeatedly and consistently over a long period of time with very minimum or no effort.

There are multiple ways an individual can look at generating passive income like stocks and bonds, creating Copywrite assets like books or music, selling multi-level marketing products and rent generating residential and commercial real estate properties.

Each one of these has its own limitations and advantages but however in this article, I would be covering on residential real estate properties as according to me it is a most stable asset which not only generates passive income but also gives a good capital growth.

When acquired a residential real estate in and around suburbs where there are good prospects of new employment generation, high rated schools, walkable to train/metro and shopping centres will get you the most desired results.

Now let us look at what are the characteristics of a good asset:

• Ownership – Straight and simple having ownership rights on an asset
• Cash Flow – The asset that gives a consistent cash flow repeatedly
• Keep or increase value – Either keep its value or increase when looked at a reasonable long period of time
• Leverage – Where banks lend you money at maximum to acquire that asset

In the below image you can see that only the property is the asset among other assets which ticks all the boxes.

How does passive income through real estate property work?

Well, when it comes to passive income through a property in order to have a reasonable income or to replace your current job income it cannot be achieved through one or two properties but rather with 6 to 8 properties over a period of 8 years to 10 years.

Having said that you could achieve building your property portfolio faster by having the right strategy and approach. A strategy is a different aspect and I would most likely cover it in another future article. But in short, any property portfolio gets built typically in 3 stages.

• Foundation stage: It is the stage where you look at acquiring 2 to 3 capital growth properties
• Growth stage: Review and realign your portfolio strategy, mortgage reduction strategies
• Consolidation stage: Generate passive income and achieve your financial freedom

Let’s look at with one example of how you can achieve passive income through property. You could simply divide this income with total passive income target you would like to achieve for you to arrive at the total number of properties to have in your property portfolio or the value of properties to acquire in dollar terms.

In the above image, you can see that the value of the property bought is of $500,000 with a weekly rental of $400 and I am considering 3 weeks of vacancy as a buffer.

For this example, I am considering interest rate @4.5 PA. Agreed that the rate of interest offered in the market might be less but I am taking a 4.5% interest rate would increase over a period of the asset held.

You could see that this property is actually making a loss of $6,167 or in other words, its expenses are more than the income it is producing.

But when we take into consideration of inflation and assuming the rental growth being at 4% PA then you could notice that this property would generate a rental income of $615 per week in 10 years of time from now. Wherein you would actually be making a passive income of $4,798 PA on this one property.

When we bring the concept of negative gearing you would also get to claim depreciation on the property and you would potentially get a sizeable tax refund and this depends on your annual income and lot of other factors. Generally, the higher the tax bracket makes sense to have more properties to optimise on your tax savings.

It is best advised to have a chat with your tax consultant to get a complete understanding as to how negative gearing works. As here I am touching this concept for illustration or information purpose only.

With property, you not only achieve the passive income but you would also achieve good capital growth. Historically in past 25 years, the unit prices in Sydney has grown at a 6.3% PA and assuming that the market grows at the same rate over a period of time then this means a unit bought today at $500,000 in 10 years’ time would be valued at $921,091.

(Source: 25 years of housing trends by Aussie Mortgage Broker)

I would prefer investing in units over house & land packages for the below reasons:

• Rental return on units is between 3.5% to 4% over 2.5% to 2.8% in House & Land
• You will be required to pay 1.6% land tax annually once it hits the threshold in NSW at the time of writing this article
• Units are easy to let out generally as they are closer to transport, schools, workplaces and shops
• Rental affordability for tenants is more with units as against the houses
• No additional effort is required by the tenants to maintain any lawn or back yard in units

I hope this article has given you a starting point and I would be delighted to assist you if you’re looking at buying your owner-occupied or investment property.

As an astute property consultant in Sydney, I would be more than happy to meet and discuss the possible property investment strategies and options suitable for your current and future needs.

Please note this article is for information purpose only. You are advised to do your due diligence before taking any action as this information is general and not considered your individual circumstances.

You’re advised to speak with accredited professionals with regards to taxation, accounting and mortgage as required.

I do not hold an Australian Financial Services Licence as defined by section 9 of the Corporations ACT 2001(Cth) and I am not authorised to provide financial services to the Listener, Reader, or Viewer, and I have not provided financial services to the Listener, Reader, or Viewer.

In the meantime, please have a look at the property options in Sydney and please feel free to call me at +61 470 467 709 to schedule a meeting to take this forward and help in achieving your property investment goals.

CLICK HERE FOR PROPERTY OPTIONS

It’s been roughly 4 to 5 weeks since the announcement of lockdown and I believe we are getting adjusted to life indoors.

By looking at the recent number of confirmed cases it appears that the pandemic here in Australia has peaked out and starting to decline day by day. I guess like me you can’t wait further to get back to our previous normal lifestyle.

Having said that we as a human race have seen many such pandemics including financial turbulences in the past and we have successfully overcome the challenges. Below are few such scenarios.

• Bird Flu 2015
• Swine Flu did in 2009-10
• The GFC (Global Financial crisis) 2008-2009
• SARS 2002-2003
• September 11th in 2001 (A Cowardly terrorist attack)

Australian Property Market Behaviour During Previous Pandemics and Global Economic Crisis – (Short Term Impact)

Now let us look at how the property market in general has behaved in the past. Secondly, there are 15,000+ markets in Australia, that will all move slightly differently.

Of course, markets have seen a temporary price falls for a quarter or two before picking up and surpassing the previous highs.

Like always we could possibly see a price dip between 3% to 8% before picking up.

1. 1982 – aids epidemic – 3.1% price growth
2. 1983 – negative gearing abolished – 16.6% price growth
3. 1985 – capital gains tax introduced – 6.6% price growth
4. 1987 – stock market crash – 23.7% price growth
5. 1989 – interest rates hit 17% – 0.6% price fall
6. 1991/92 – gulf war and recession – 3% price fall
7. 1999 – Y2K bug – 11.9% price growth
8. 2000 – GST introduced – 15% price growth
9. 2001 – 911 terrorism – 15% price growth
10. 2002 – Bali Bombings – 0% price growth
11. 2004 – Tsunami – 4.4% price growth
12. 2008 – GFC – 5.4% price growth

Current Economic Situation Compared to 2008 GFC – (Medium Term Impact)

I would also like to make a point that Australia was one of only three developed nations that were not hit by the recession in 2008 GFC crisis.

To combat the current situation both the federal and state governments have announced a whopping $331.6 Billion stimulus or 16.6% of GDP.

Ranging from Wage subsidies to businesses, Jobseeker payment to householders and land tax relief for landlords from NSW state government.

These swift measures will reinvigorate the economy and prevent a recession.

As this would boost spending and spending increases demand, which leads to a rise in employment rate followed by an increase in household income.

A Paradigm Shift to Negative Interest Rates Policy – (Long Term Impact)

Yes, you read it right Negative Interest Rates. Sooner or later we would be talking about the positive interest rate and negative interest rate rather high-interest rates or low-interest rates and vice versa.

Not very far from now, Australia would potentially need to adopt a negative Interest regime like what we are seeing in Japan (-0.1%), European (-0.5%), Switzerland (-0.75%).  Germany has announced they are moving to (-0.31%) Interest rate. Mr: Donald Trump seemingly encouraging The Federal Reserve to adopt a Negative rates policy.

What is a negative rate policy?

Negative interest rates first appeared in 2009, when Sweden cut its rate to (-0.25%).

Conceptually interest rates are generally thought of as the cost of borrowing money. Central banks raise interest rates to cool off an economy that’s close to overheating. Negative interest rates on the other hand, are seen as a way to stimulate an economy.

In other words, a negative interest rate means the central bank and perhaps private banks will charge negative interest: instead of receiving money on deposits, depositors must pay regularly to keep their money with the bank.

This is intended to incentivize banks to lend money more freely and businesses and individuals to invest, lend, and spend money rather than pay a fee to keep it safe.

This will reduce the costs of borrowing for companies and households, driving demand for loans and incentivizing investment and consumer spending.

Studies have found that this has resulted in property price appreciation.

Conclusion

Like always with any pandemics or global economic crisis in the short term the property markets will certainly correct a bit but the medium and the long term looks for the Australian property market looks robust.

It might be a good time for you to have a check at your existing mortgages to look at refinancing options as there are several deals in the market and save on your outgoings or look at restructuring your loans with a mortgage broker so that you’re ready to make your next move in getting an investment property once the current dust settles down.

I am more than happy to assist you if you’re looking at buying your owner-occupied or investment property.

As an astute property consultant in Sydney, I would be more than happy to meet and discuss the possible property investment strategy suitable for your current and future needs.

In the meantime, please have a look at the property options you can explore with me.

CLICK HERE FOR PROPERTY OPTIONS

This strategy is generally common with the people residing close to CBD / City but would not be able to afford to buy a property where they live.

As you might be aware that Sydney had a median house value tipped at $1 Million as of Feb 2020 and it remains the nation’s most expensive market, and out of reach for many first-home buyers.

First home buyers are perhaps the most affected by price hikes, as the size of the deposit they need increases by the day. While property prices in Sydney are not appearing to levelling out and getting difficult for new buyers to get into the market.

That’s why rentvesting is one of the best options to explore and the rental income you collect from your investment property can help you cover your rental payments, while your investment property continues to build value through capital gains.

Rentvesting: A Home Buying Shortcut

There’s an accepted way of doing things for first home buyers in Sydney these days that involves sacrificing your lifestyle to afford mortgage payments and moving far away from work, family and friends.

It doesn’t have to be that way. Rentvesting is an alternative strategy that involves renting a property where you want to live and buying your first home as an investment property in an affordable location. It may be unconventional and unfamiliar, but for a market like Sydney could be your best option.

Live Where You Want To Live

Living where you want to live may be the most attractive benefit that rentvesting offers. Because you’ll be renting at a place coinvent in meeting your lifestyle while getting the property appreciation benefits through your investment property.

This will also increase the potential to purchase additional properties which can provide better financial security in the long-term.

It reduces the impact that high prices have on your lifestyle and allows first home buyers to get onto the property ladder without forcing you into a long commute to the workplace which could potentially be more than an hour in most cases.

It’s worth considering rentvesting as 3 out of 10 clients whom I meet have got stuck with the point of where to buy (location) for a long period in some cases even longer than 5 years.

If adopted with rentvesting they could have not only entered the property market sooner but also would have enjoyed tax benefits because of negative gearing.

When it Comes to The Property It’s all About Numbers

One of the most important aspects which point towards renvesting is the outflow and inflow of money with either taking the route of owner-occupier or investor.

For instance, if you are renting in a place where you pay $500 weekly and looking to buy an owner-occupied property roughly your potential weekly outgoing would come roughly to $800 to $850 per week for a home and land package priced around $850K. On the other hand, if invested in an apartment which is in a walkable distance to train station, schools and shopping center you would not only help to save your tax but also will not impact your current lifestyle

Invest Where You Can

CoreLogic’s most recent data shows that value increases in most areas in Sydney exceed 10.8 percent over the 12 months to February 2020.

With prices all around Sydney at a high and increasing by the day, affordability is a key concern for most buyers. By rentvesting, you’re not restricted to buying in unaffordable places close to your workplace. Instead, you can look at areas based solely on where you can afford it.

Homebuyers in Sydney could benefit from this approach as prices close to city CBD is becoming increasingly unaffordable. Locations like Granville, Quaker Hills, Liverpool and Merrylands offer viable alternatives for apartments with average values under $650,000.

When buying your first home as your primary residence, you might have a lot of factors to consider. On the other hand, when buying as an investment property the only thing you must consider is would you be able to get a tenant sooner or having low vacancy rates.

By investing your money smartly, you can fasten your climb up the property ladder and make your goal of buying your dream home a reality sooner or later.

It is important to be patient while the value of the property increases. Don’t be tempted to sell the property, as when it comes to the property to reap exceptional benefits you need to look at it a long-term investment goal.

I am more than happy to help you if you’re looking at buying your owner-occupied or investment property.

As an astute property consultant in Sydney, I would be more than happy to meet and discuss the possible property investment strategy suitable for your current and future needs.

You’re advised to speak with accredited professionals with regards to taxation, accounting and mortgage as required.

I do not hold an Australian Financial Services Licence as defined by section 9 of the Corporations ACT 2001(Cth) and I am not authorised to provide financial services to the Listener, Reader, or Viewer, and I have not provided financial services to the Listener, Reader, or Viewer.

In the meantime, please have a look at the property options in Sydney and please feel free to call me at +61 470 467 709 to schedule a meeting to take this forward and help in achieving your property investment goals.

CLICK HERE FOR PROPERTY OPTIONS

The ultimate finance dream of every person is to create a genuine passive income. We all picture the day where we’ll be sitting under the cool summer breeze, enjoying a cup of ice-cold lemonade and watching our kids grow up. The problem is we are so attached to our 9 hours, 5 days a week job that we forget how fast time is moving by. If only we can appreciate how lucky we are when we are young and use this time wisely to look for passive income investments, may be then we would be able to live financially free when we are older.

Many investors claim that real estate investing is an active form of investment. Yet if it’s worked with time and effort in the beginning, it can become a great form of passive income investments in the long run.

Passive Income vs. Active Income

Let’s begin by discussing the difference between active income investments and passive income investments. It’s important to understand both before moving onto further explanation.

Passive income investments

In simple words, passive income investments are rental properties that you have accumulated with a strategy over a period of time which generates passive rental income.

If you’re looking to have a one such strategy or in the market for an investment property then call me to have a strategy session as to how you could also achieve to generate passive income through real estate.

Passive rental income is the money that real estate investors make without putting in much effort. How? Well, these types of investment properties are usually managed and maintained by professional property rent management company or by a professional property manager, while the investor receives his/her rental income without any work involved.

Active income investments

Active real estate investing is the complete opposite of passive income investing. Here, a real estate investor is the one in charge of the property, the one who manages the property and maintains the whole process. This type of investing is not for everyone because it requires good knowledge, experience with property management above all time which could be better utilised to build your career / profession / business.

While both are unique in their own way, our main focus is passive income investments as they are the ones that provide for us the future of our dreams- a future of financial freedom!

Find passive income investments through an experienced real estate professional /Company

For you to be successful with passive income in real estate is best to consult an experienced real estate professional or company who understands the strategy of building property portfolio, has access to right properties in the market and comply with the below listed aspects.

Real estate product from industry leading developers and builders as this ensures good product quality and required backend processes in place.

Careful project selection: location, quality, returns, product and pricing.

Market Research: Projects have undergone a rigorous market and product assessment to ensure that our investors receive the most accurate information to make an investment decision.

Streamlined service offering: Present you with a range of property investment opportunities that meet your criteria

A final thought

So, do passive income investments really exist? The answer is YES! There is a way to secure your future and reach financial freedom. All you have to do is invest your money wisely and sit back and relax. Please feel free to call me or provide you details trough Enquiry Form to see how I can help you in your property portfolio journey.

We all, to some extent, recognize the potential financial rewards we could attain from real estate investing. It goes without saying that there are many benefits of investing in real estate that outweigh the costs, and you as a real estate investor could be earning a steady flow of income to secure financial freedom for the long haul.

Whether you want to quit your mundane 9-5 job and become a full time real estate investor and/or save up for your retirement, you are on the right path to fulfill your financial goals sooner than you might think. It takes 4 to 5 rental property to establish passive income through real estate and get yourself a reliable source of constant income.

Let’s look at the benefits of real estate investing

1. Steady Income

This is a no brainer! The majority of people invest in real estate for the steady flow of cash they earn in the form of rental income. This passive income is a huge incentive to get you started and buy your first rental property.

2. Long Term Financial Security

The benefits of investing in real estate provide investors with long term financial security. When you have a steady flow of cash in succession, the rewards of this investment bring on financial rewards for a long time. Owning a rental property can afford investors a sense of security because of the property’s appreciation in value over time.

3. Tax Benefits

One of the benefits of investing in real estate is the tax exemptions investors get from owning a rental property. This is a major reason why many choose to invest in real estate and needless to mention about the benefits from Negative gearing.

In most cases if you’re having a yearly income of $80,000 and with a saving of $30,000, provided you do not have any other debts then I would be able to help you to start your property portfolio journey. Additionally, this will help to put more cash into your account not only through rental income but also tax refunds due to negative gearing while your tenant pays most of your mortgage.

4. Real Estate Appreciation

If you already are in real estate investment or are just starting out, you do understand that real estate is not a shortterm investment plan. On the contrary, the benefits of investing in real estate include the appreciation of capital assets over time. In other words, your property’s value will be worth way more 10 – 15 years from now. in fact I would say you should never sell your existing property rather accumulate more and pass the on the legacy to your kids for them to have financial freedom.

5. Inflation

One of the benefits of investing in real estate is a hedge against inflation. With high inflation, your rental income and property value increase significantly. Real estate investors welcome inflation with open arms because as the cost of living goes up, so does their cash flow.

6. You Are Your Own Decision Maker

Forget about your 9-5 boring job, the best part about real estate is becoming your own boss. Just like any other business, you have the complete autonomy and control over your real estate investment strategies as well as your failures and successes. You call the shots on which property to invest in, the tenants who will live under your roof, how much rental income to charge per month, and who will manage and maintain the property as a whole. The benefits of investing in real estate make you your own decision maker.

You’re advised to speak with accredited professionals with regards to taxation, accounting and mortgage as required.

I do not hold an Australian Financial Services Licence as defined by section 9 of the Corporations ACT 2001(Cth) and I am not authorised to provide financial services to the Listener, Reader, or Viewer, and I have not provided financial services to the Listener, Reader, or Viewer.

In the meantime, please have a look at the property options in Sydney and please feel free to call me at +61 470 467 709 to schedule a meeting to take this forward and help in achieving your property investment goals.

CLICK HERE FOR PROPERTY OPTIONS

The average Sydney homeowner spends around $3000 on their mortgage payment. Of course, this varies drastically from suburb to suburb due to differences in property prices and when the property has been bought.

Real estate experts are predicting that the prices of homes will rise gradually in 2020. They’re also predicting that, despite price jumps, more houses will be up for sale by the end of the year.

Just because more and more homeowners are looking opportunities to downsizing.

But why is moving to apartments or units the best option for many families? In this article, I’ll explain the main benefits of downsizing.

The following benefits could ultimately mean more money in your pocket – and so much more!

1. A Smaller Home Means Reduced Costs

Mortgage payments typically factor in a number of things.

The property type, its location, and the economy affect mortgage rates. Your personal credit history and the loan you secure can also affect your mortgage rate.

Smaller properties that cost less have lower mortgages. Which makes this the obvious reason why downsizing is a viable option for homeowners.

You’ll likely pay less in property taxes, as well as insurance. You’ll pay even less if you live in areas where the cost of living and property values are lower.

2. More Money In Your Pocket

The ultimate goal of downsizing is to save money.

By living in, you can significantly reduce your monthly bills and living costs. You can then use this saved money any way you please.

Some homeowners put the extra money towards buying an investment properties to look at building a property portfolio to earn passive income over a period of time where if done correctly you could potentially be replacing your active income with passive income, up course like any good thing in life will take some effort time and perseverance.

3. Fewer Utility Costs and Maintenance Costs

Most homeowners who downsize not only have smaller mortgage payments to worry about. They also enjoy having lower monthly utility bills, maintenance costs and reduced living costs.

A smaller house means there’s less space to heat up and cool down. Which means that you’ll use your heating and air conditioning system less.

A smaller house also means fewer lights needed to illuminate your home. So you’ll have smaller electricity bills.

You might would have also noticed that if you’re house is older than 20 years you would possibly be spending roughly to $6000 to $8000 yearly purely on repairs and maintenance. When moved to a new unit / apartment you would be paying strata but you need to keep in mind usually 1/3rd of what you pay would be contributed towards sinking fund for future building repairs and maintenances. Which is still lot better than spending $6000 to $8000 yearly and lot more secure than a house.

4. Less Stress & Better Quality of Life

Smaller homes tend to have smaller properties. The less property you have, the less maintenance you’ll have to worry about.

This not only means you’ll spend less on water for your lawn. You’ll also have less yard work, fewer repairs, and fewer renovations to care of.

All in all, you’ll have more time for the things you love. Top that off with more money to spend or save, you’ll live a less stressful lifestyle overall.

5. Reduce Clutter & Find True Happiness

With less space, you’ll have less room for your belongings. By downsizing, you’ll have to get rid of things that you don’t have room for or have no purpose for.

This may seem like a disadvantage. After all we as a society has long emphasized the importance of having material things.

But in a world that’s mired in economic strife, as well as the threat of climate change, minimalism is on the rise.

Having less is better for your mind and health. It’s also less stressful and gives you more time and freedom to enjoy the things you want to do.

Plus, having less means fewer distractions. Which means more time to focus on the things you want to do and with the people you love.

Downsizing doesn’t just mean moving to a smaller home. It also means simplifying your life.

6. Smaller Neighbourhoods Mean Stronger Social Circles

Smaller homes tend to come in clusters. Smaller neighbourhoods tend to be more close-knit than larger, or even gated, communities.

Downsizing could mean more for the future of your family. It could mean your children have more friends to grow up with. It could mean you and your spouse have more friends to grow old with.

A bigger house doesn’t always mean a happier family. With less housework to worry about and more neighbours to spend time with, you’ll live your best life.