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General Investment FAQ
Q.Why should I consider buying
a property in the Daintree region of Tropical North Queensland. ?
A. Whether you're an Australian
citizen looking to make solid, financially secure long-term investments
in real estate, or an overseas property buyer who can see the
incredible value in Australian real estate investment generally,
Australia offers an unrivalled level of security plus magnificent
opportunity for capital growth. When it comes to Australian real
estate, the Tropical North, and Daintree in particular, offer the 3 main things
we're all told to look for when buying a property - location,
location and location. More info...
Q. What are my options for buying
an investment property?
A.
It is generally excepted that the average investor feels more confident
with real estate as a place to secure their future, believing that
over all it will outperform cash and fixed interest deposits, particularly
for the medium to long term. Many Australians prefer to invest in
residential property, as it's a tangible, "bricks and mortar" asset.
More
info...
Q. What Are Property Tax Allowances?
A. Property tax allowances
are a valuable aspect of any property investment due to their
ability to enhance an investor's return and produce a better cash
flow. However, a high level of expertise is required to ensure
that investors obtain maximum allowable entitlements.
Property tax allowances form part of the Income Tax Assessment
Act 1997 (ITAA 1997) and provide an opportunity for owners of
income producing property to reduce their assessable income. There
are a number of property tax allowances available to property
owners, investors, and developers, including allowances for building
structure and depreciation on plant. Property tax allowances are
often simply referred to as tax depreciation. More info...
Q. What Are The Rules For Overseas
Buyers?
A. The Australian Government's
foreign investment policy has been developed to encourage investment
in Australia and ensure that such investment is consistent with
the needs of the Australian community. The Government recognises
the important contribution offshore investment makes to the development
of Australia's industry, resources and community. More info...
Q. What Are My Property Financing
Options?
A. Over the past few years
the Australian mortgage industry has undergone enormous change
and upheaval.The dozens of lenders and hundreds of products now
on offer is proving to be a great windfall for you, the consumer.
Australian
Lending Tree is a Cairns based mortgage consulting firm specialising
in sourcing residential home and investment loans as well as business
and commercial finance and debt consolidation. They are one of
several local companies that offer a service to help you find
your way through the maze of lenders and products.
Q. Should
We Consult A Solicitor?
A.
The buying and selling of your home may be one of the most important
transactions in your life. Factors other than the price of the
property need to be considered. To ensure that no unexpected costs
arise or problems appear in the transaction, it is best to seek
the advice of your solicitor before any contract is signed.
For more information on the legal aspects of real estate transactions,
please see our guides on:
The conveyancing market is competitive so discuss with your agent
and solicitor the fees involved, but remember that the cheapest
is not always the best value. Please contact
us for a list of local solicitors.
More information can also be found in our other FAQ sections:
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