are-renovation-opportunities-still-viable-in-sydney

 
The property boom of recent years and the continued popularity of renovation shows like The Block, fuel the dream to buy property for renovating, and selling at a profit.

Investment purchases such as this can be prosperous when property prices are surging, but often, we at Search Find Invest, are asked, “Is this still a viable option in today’s market?” And the answer is, it can be.

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More is lost by indecision, than poor decision.

I have never met someone who has bought a blue-chip property years ago and now regrets it. The only regret they usually have, is that they didn’t start sooner and buy earlier, when they had the opportunity.

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With talk the ‘Property Boom’ is over, and concerns that rising interest rates could make property even less affordable, property buyers we are currently talking to daily, are all asking the same types of questions;

  • Is this the right time to buy?
  • Should I wait before I buy?
  • Are prices going to fall further?

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If you purchased your investment property after 9 May 2017, or plan on buying in the future, new depreciation laws will affect you.

 

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