The Basics
Property investment has significant financial benefits, enabling you to create wealth, a passive income and ongoing financial security.
It is also a big financial decision that requires knowledge and planning, so before jumping in, it’s important to know what you want to achieve and have a clear strategy to get you there.
Unlike the emotional decision of buying a home, an investment property is about maximising a future income stream, so it should be viewed as a business. Arming yourself with the right information and having a great team of experts by your side is the key to success. The value of a property usually doubles in between seven and 10 years. So, for example, if you buy a house for $100,000, in 10 years time it will be worth $200,000. You could use the extra equity to recycle the deposit and buy another house. Or, perhaps you simply want to enjoy the rental returns. Either way, you’ve just created a lot more wealth than you’d get in interest from the bank. Let’s get started.
Defining Goals & Strategies
So you’ve made the decision to invest in property but where do you start? Here are the important first steps to help you achieve your investment goals.
Get close to your finances. Knowing your finances and how to best use them will kickstart your investment property portfolio. Speak to the bank to get a clear understanding on your financial situation and the options available for funding your first investment property.
Choose your investment strategy. A key aspect of your investment is having clear goals. Are you looking to make money within a short time, wait for growth, maximise rental returns, or retire early? Work out what you want to achieve and this will help to define which investment strategy is right for you.
Choose your property type. A good way to decide which type of property will be best suited to you is to think about what type of tenants you want to attract and then choose the property to match this. For example, if you’d like to have families as tenants, then a stand alone residential property is probably your best choice. If you’d rather have singles or couples and low maintenance, then apartments might be a better option.
Partnering with a Property Manager
Working with Professionals property manager offers a strategic advantage for property investors seeking to build and maintain a successful, scalable portfolio.
While many people manage their own properties, a qualified property manager brings deep industry knowledge and operational experience, ensuring that your investment decisions are well-informed and aligned with your long-term financial goals. Their guidance can help you navigate market trends, optimise rental returns, and make strategic improvements that enhance property value over time.
On top of this, property managers stay up to date with evolving rental legislation and compliance requirements - an increasingly complex aspect of real estate rental investments. By managing tenant relationships, handling disputes, overseeing maintenance, and ensuring legal compliance, they relieve you of stress, time-consuming tasks and reduce the risk of costly errors or legal issues.
Ultimately, working with a property manager allows investors to take a more hands-off approach while still achieving strong returns. It enables you to focus on growing your portfolio with confidence, knowing that the day-to-day operations and regulatory demands are being professionally managed and you're maximising returns wherever possible. Are you ready to start your property investment portfolio?