Should I buy a property with friends or family?

Many investors and homebuyers are keen to enter the market with property prices on the rise. With interest rates low, there is a window of opportunity that a lot of Australians will want to capitalise on.  If you have found a home to buy with a friend or a parent keen to give your children a boost to enter the property market – go in eyes wide open!

The good

Sharing the financial burden of buying a home with a friend can reduce stress, save costs, and decrease the time it takes to save for a deposit. Triple Zero Property Managing Director, Danny Buxton and Tom Wood from FC Lawyers believe there are benefits in pooling funds to purchase a property. However, there are associated risks with buying a property with a friend or family member that Australians should know about. 

The risks

“Buying a property with a friend or family member can be a good way to get into the property market. However, purchasers must be wary of the risks involved from a family law perspective,” Mr Wood explained.

Mr Wood highlighted how if a parent in a de facto relationship tries to help their child, legally both members of the de facto couple have rights to the property. 

“Often, for example, couples are ‘gifted’ funds by a parent to assist them to get into the property market. If the relationship ends, the ‘gift’, more often than not, suddenly morphs into a ‘loan’, which gives rise to added complexities in your family law dispute.”

“If you’re going down this path, make sure everything is clearly documented. If the money is intended to be repaid in the event the relationship ends, this should be set out in a proper agreement. There is also the option of registering the ‘loan’ (assuming it is to be repaid) on the title of the property,” Mr Wood said.

What you need to consider:

Mr Buxton believes that Australians looking to purchase a house or apartment with a family member or friend need to understand the legal and non-legal risks involved. You should seek independent legal and financial advice before signing any contract.

1. Be aware of your ownership rights

When buying a property with another person, Australians have two options. They can either be joint tenants or tenants in common.

When buying a property as ‘joint tenant’, it limits what you can do with your share of the property. This means you can’t simply sell or bequeath your share of the property to someone else. If you buy the property together, you sell the property together. If an owner passes away, that person’s share transfers entirely to the other owner. People should be aware that if one joint tenant wanted to sell and the other one didn’t, then you would have to go to Court to try to force a sale of the property. 

On the other hand, ‘tenants in common‘ split ownership of the property. If you only own 50 per cent of the property, that 50 per cent is yours and you can do what you want with it. This means you can sell away your share at any time. 

Even if you own a property as a ‘tenant in common’, unless you agree otherwise, you have a right of occupation of the whole property. Of course, in practice, there is a very limited market for part-shares of a property.

Technically, if one owner transferred or sold their share, the other person may end up owning and potentially living in the property with someone they wouldn’t otherwise choose to.

If you buy a property with a friend or family member, it would be prudent to enter into a separate agreement about the mechanisms to be put in place if only one of you wants to sell. This could include buying the other person out, having a say in who purchases the share etc.

2. Fully understand your liability if your co-owner defaults on the mortgage

Generally, a mortgage is secured by the whole property, regardless of the relative ownership rights. So, if one of you defaults on the mortgage repayments, you might be at risk of the bank foreclosing on the loan and seeking to sell the property.

There are also lending complications when purchasing a property with co-owners with the financial institution often still assessing the financial capability of one of the owners only around servicing, yet at the same time (if an investment) only taking into account 50% of the rent. Always seek advice from a financier/mortgage broker about the options available to you to protect your interests before entering into any contract.

3. Protect yourself 

If you have purchased a property with someone else or been gifted money by a family member or friend to assist with the purchase, ensure your interest in that property is protected. This includes entering into a financial agreement with your future partner before you live together. This type of agreement is intended to make provision for you retaining that property separate from any other assets you and your prospective partner may acquire if your relationship subsequently breaks down.

4. Buying together as a couple

If you and your partner decide to buy a property together, either as joint tenants or tenants in common, think about entering into a financial agreement as to how the property will be dealt with if your relationship breaks down to avoid expensive and lengthy court proceedings down the track.

Always seek professional advice before signing a contract…

Consider your long-term strategy of co-owning a property as well as your exit plan. It may not be as simple as you think!

In this short video, Danny Buxton (Director of Triple Zero Property) interviews Kevin Scambler an Accountant from Atom Accounting and Taxation about his experience with clients who had bought a unit for their university age children.

Buying property is a huge financial decision and it is essential to get each step right. If you want good advice, we can help gather your expert team. If you have further questions about buying with family and friends, the team at Triple Zero Property are here to help.

Call 1300 897 000 or email

Disclaimer: The content of this document is not to be considered specific advice. Your situation is specific and individual; as such, you should always consult a registered and qualified professional within a particular area of advice needed.

The Work from Home Trend: how Aussie homes are changing

The work from home phenomenon created by the Covid pandemic has required a rethink of the use of our private spaces.

According to McCrindle Research, the most significant advantages of working from home is flexibility and work-life balance. However, there are logistical difficulties with working from home for extended periods. Ask any parent of small children how difficult it is to work from home in a suitable quiet place!

According to a research paper from ANZ and statistics from HIA Economics, Australian property buyers are more likely to buy a home with an office or study nook. Since the start of the Covid pandemic, builders have reported a change in home-buying preferences: buyers have an increased appreciation for more space at home. Almost half of the builders surveyed say they have seen an increase in buyers’ interest in a designated office space.

Not that the home office is a new concept…

Traditional home office

Traditional home office: Source Pixabay

…instead of a study being the domain of large country manors, new home offices are a flexible, multifunctional space.

This recently completed Sunshine Coast home office has a long desk, built-in draws and cupboards with a hidden TV so that it can be a home office or guest bedroom.

New home office Minyama, Sunshine Coastm

New home office Minyama, Sunshine Coast. Source: CADE photography

What do you need to include in a home office? 

At Triple Zero Property, we have responded to these changes in the way Aussies use their homes in liaison with our panel of builders to now include: 

  • A separate room away from the living area perfect for a designated home office (often at the front of the home)
  • Large windows for a light-filled office
  • USB ports and ethernet ports
  • Additional electrical sockets
  • Premium connectivity to the NBN

The work from home trend is likely to continue, and homeowners and renters are demanding light-filled, Wi-Fi connected, multi-purpose spaces that can be used for a home office.

If you are thinking about building your first home, dream home or investment property there is a lot to consider.

At Triple Zero Property, we can offer a seamless journey, so you can be confident of the right location, right design, with a quality builder according to your budget.

We make your property journey simple by:

  • finding the right block
  • the perfect house design for the location
  • engaging a quality, cash-strong builder
  • managing ALL the moving parts (financier, conveyancing, insurance etc.) 

It just starts with a simple conversation between you and our team, we want to know what YOU want to achieve out of buying property. 

Disclaimer: This content is general information only. Your situation is specific and individual; as such, you should always consult a registered and qualified professional within the particular area of advice needed.

How to Future Proof Your Investment Property

Interest rates are low.

Supply of new land and properties coming onto the market are in short supply.

Big increases in dwelling values have been predicted by the big banks.

So, can you go wrong buying an investment property in the current market?

Absolutely you can!

Buying a great property now needs to be a solid investment for the long term.

How do you future proof your property investment?

Buy in the RIGHT place.

This is really difficult at the moment with limited stock on the market.

How to future proof your property investment:

It is said so often that it is almost a cliché – ‘location, location, location’.

We believe it is said often for a reason – when it comes to property investment, location is key to success.

When you select the ideal property placement there are more factors to consider than many investors realise. Strategising on which states, suburbs and streets will provide better returns.

But before deciding ‘where’ you need to first make sure you know ‘who’…

Who are your ideal tenants?

Because your who will impact your where!

For example, some choose to appeal to students and therefore buy property near a university. It is important to consider that students are transient tenants with long holidays. This can mean long vacant periods and the international student cohort has dramatically fallen since the Covid-19 pandemic. When you can fit all of your belongings in the back of a car there isn’t much stopping you from leaving at the end of a lease!

Family tenants on the other hand generally stay longer. Once they are established in an area they are less likely to want to leave. If this group is your target market, not only will you choose to design a family orientated house, but you will think about their locational needs. It is important to consider the psychology of why they select a location to raise their family, and the different lifestyle drivers, human interest assets and economic activity indicators they will consider.

Here are some of the factors that come into play when deciding on the right place to invest to attract this market:

What opportunities does the location give for children’s education?

When there is a good school in an area, people are willing to move nearby so they are in the right catchment area. Often this can be the only way to get your children into a particular state school. Another important factor is the number of child care centres nearby – even if the parents work in another area, they often want their children to go to a good facility close to home.

How easy is it to get around?

People like to be near major transport hubs. For some this may be public transport options such as train stations and bus routes, or for others being near (but often not on!) major road networks, highways or tunnels. If you buy a property that is more isolated, and in a regional or rural area, you’ll tend to find lower capital growth and the property is harder to rent.

Is there a good shopping centre nearby?

There has been big shift in Australia over the past few decades where the community meeting point is no longer the main street, but the local shopping centre. Your tenants will be looking to make sure there is one nearby where they can go to meet all their social needs. It’s important that you find a property with a good shopping centre close by, or one that is proposed to open in the near future.

Are there plans for major infrastructure projects?

New or existing major infrastructure often means new jobs and a desire for people to live near these areas. This may be a new major hospital, airport, shopping centre, transport hub or industrial area, but it’s important to get in early before it has been constructed. This will allow you to benefit from the rewards that projects like this will bring. But as a word of caution be sure the project is set to have sustainable community benefits once delivered, not just significant involvement during the build. We have seen a lot of investors burnt in the mining towns because there was a big demand for housing during the setup phase, but that same demand wasn’t there once the project was fully operational.

Is there opportunity for employment nearby?

In a modern Australia, people get tired of travelling a long way to work unless they really have to. So finding a property that is close to significant employment hubs is essential to maximising the growth of your property, both for tenants and long term resale value.

What lifestyle opportunities are on offer?

Be sure to also evaluate what lifestyle opportunities are around the area you’re looking to invest in. Many tenants will be thinking of what weekend options the property will give them, being close to a beach, sporting facilities, good cafes or other lifestyle factors can be another box to tick off. People work hard during the week but want to enjoy where they live in their down time. And so if you can walk to a park, water body or café, this will assist in increasing rental returns.

What are the established capital benchmarks?

One of the final factors to consider is areas where good capital benchmarks are already established. When you go to the bank and the valuer goes out to value your property, having good comparable sales in the area can really help your property grow in value. This is especially important if you want to leverage the equity in your house.

These are just some of the considerations we make when reviewing property opportunities for clients. We understand that tenants make decisions on where to live based on many factors – rational, emotional, social and economic. Understanding the psychology of what tenants are looking for and trends in the market place is key when choosing where to invest.

If you’d like more information about the areas that are currently ticking boxes for us, please contact our team – we are always happy to share the latest property reports from independent property analysts.

This content is general information only. Your situation is specific and individual; as such, you should always consult a registered and qualified professional within the particular area of advice needed.

Should I buy property in 2021?

Last year may have changed the way we do a lot of things.

One thing has remained the same: buying the right property at the right price remains a solid long-term investment for you and your family.

Whether it is a property to live in or as an investment, now is a great time to take that all important first step. Interest rates are extraordinarily low and appear to remain so for some time and the property market is tipped to be red hot this year.

Here is a snapshot of what is happening overall in the property market:

  1. First-home buyer activity is at record levels, stimulated in recent months due to the low-interest rates and government stimulus.
  2. A shift to what has been labelled the ‘exodus to affordable lifestyle’ resulting in regional housing value rising at twice the pace of capital city markets.
  3. House values have risen by 3.5% over the past six months while unit values are unchanged, according to CoreLogic February 2021 research. 
  4. According to CoreLogic, every capital city witnessed a rise in housing values in February 2021, reaching a new record high as values continue to rise across the country.
  5. Rental vacancy rates are at an all-time low in many areas (except for some inner-city units), which are putting pressure on increasing rents. 
Sunshine Coast Duplex

So how do you buy the ‘right property’ in 2021?

  1. Formulate a plan: understand what you want to achieve and then make decisions accordingly – buying property should be a long-term investment.
  2. Be cautious: you’ll find everyone is going to give you advice. Rather than listening to well-meaning friends, it’s important to only listen to people who have achieved the success you are looking for.
  3. Research, research, research: mortgage rates, the area you want to buy and who to build with – please don’t go and buy the first property you see!
  4. Focus on what matters: Glossy brochures and the latest interior design trends are nice but investigate your builder’s structural quality and financials. Not everything that glistens is gold!
  5. Gather an independent team of experts: Conveyancer, mortgage brokers, developers, builders – there are a lot of moving parts in the process.

Now is the time to take action and set yourself up for the opportunities that will present themselves in 2021 – the market will move on!

If you want to build your property portfolio or take the first step into the market, the Triple Zero Property team can guide you to make smart decisions for you and your families’ future.

With no cost to you, we work to get the best result in a highly competitive property market.

In the current growth focused market anyone can make money through purchasing property, however, at Triple Zero Property we want to future-proof your investment and maximise your cashflow. Call 1300 897 000 so we can help you meet your property investment goals for 2021.

This content is general information only. Your situation is specific and individual; as such, you should always consult a registered and qualified professional within the particular area of advice needed.

Five Keys to Smart Property Investment

Five Keys to Smart Property Investment

Property investment is never something you should ever enter into lightly. But for some reason, that’s what a lot of people who have dreams of making millions through property do.

They often think, ‘I can go out, buy a house somewhere, stick some tenants in it to pay the mortgage and make a ‘motza’! How hard can it be?’

The fact is if you’re considering getting started in property investment, you have to put in the hard yards before you even think about signing on the dotted line and securing the first property for your portfolio.

You can jump in feet first, but there’s something to be said for the saying, ‘fools rush in where angels fear to tread,’ and let’s not forget the saying that reminds us ‘patience is a virtue.’

Danny Buxton, Founder of Triple Zero Property lists five factors to consider before you put your foot on the property ladder.

1. Knowledge is power

First and foremost, before you do anything else, you will need to understand what makes a good property investment and recognise that not just ‘any old digs’ will do. Research is paramount and something we work very hard on with our clients. Key is not about buying on emotion and with our heart but buying smart, with our head. 

Regardless of what well-meaning friends or family might tell you, there are four key ingredients required to make money from bricks and mortar. Like a good recipe, you have to combine them all in just the right way if you want to enjoy the benefits of property investment. They are:

Capital Growth – your investment must have either proven history or compelling data of strong appreciation due to the location & demand.

Cash Flow – you have to manage this correctly with every investment, including getting the right tenants and rental income as well as creating a cashflow buffer and avoiding over-capitalising on a property you can’t afford.

Tax benefits – while you should never invest solely for this reason, a good tax strategy can help you manage cash flow, decrease your tax obligations and increase your bottom line.

Accelerated Growth – finding the right property development option that will see immediate growth in the building and development of your property. It doesn’t need to be a big project, just a smart one.

2. Understanding Cycles

While timing the property market is not the ‘be all and end all’, it certainly helps to know when you should never invest and when you should always be prepared to invest in the right property.

Following the herd and buying when everyone else is on the property bandwagon is an ill-advised move.

When things are slow, you have more chance of nabbing a great deal without having to worry about competing against other homebuyers and investors.

Many property millionaires have made their riches by going against the tide and taking calculated risks – remember ‘fortune favours the brave.’

Don’t forget; it’s time in the market, not just timing the market where you make the real money! Those chasing the ‘get rich quick property fix’ often find themselves in big trouble and lose a lot of hard earned money.

3. Location, supply and demand

Location can make or break a property investment. But what is the right area?

The only way you’ll be able to answer that question is with research.

You need to find out about the historical movements of the local market, the primary demographic who lives there and ask yourself, is there more demand from homebuyers than there are properties for sale?

When demand outweighs supply, you have the prospect of good long-term growth.

Educate yourself by reading, subscribing to research (like or and engaging the services of an independent property expert who not just talks the talk but also walks the talk.

4. Money, money, money

A sound financial strategy is as important as a sound investment strategy when it comes to property, they go hand in hand.

Without a well rounded understanding of how to maximise your borrowing power, use equity as a leverage to build your portfolio and maintain a financial buffer to see you through the difficult times that we all ultimately face, you are setting yourself up to fail financially.

A lot of people think they can draw the equity from their own home and sink it into an investment property, but have you considered how the bank will look upon your loan application?.

Do you have a respectable credit history, and can you service the debt you intend to take on?

These are all the types of questions you have to ask yourself when it comes to financing a portfolio.

This is where an experienced, proficient financier who understands property investment can be worth their weight in gold. It’s why we only work with the best.

5. Get Financially Literate

You can make all the money in the world through property investment and lose it just as readily. We have all heard the horror stories but only seem to remember the successful ones.

Are you financially illiterate when it comes to managing money, budgeting and even balancing the books at home? How do you think you will go when it comes to building a multi-million dollar property portfolio?

You need to learn the ins and outs of taxation and the financial advantages you can enjoy as an investor. Also, the best structures to own your investments in, such as personal, company and trust setups.

Rather than trying to learn it all yourself and wear numerous hats, it’s worth investing some of that money into an excellent team of professionals who can guide you with their knowledge and expertise.

property specialist, financier, accountant and your legal team should all be people you rely on to support you in the journey to property success. If you’re the smartest person on your side, you’re in trouble!

So, what now?

1. Formulate a plan – understand what you want to achieve and then make investment decisions accordingly.

2. Be cautious – you’ll find everyone is going to give you advice. Rather than listening to well-meaning friends, it’s important to only listen to people who have achieved the success you are looking for and who walk the talk.

3. Understand the difference between a salesperson and an adviser. Many salespeople are cloaked as advisers and suggest they are representing you the buyer when, in fact, they are representing the seller or a property developer. Independence and experience are key here (refer again to point 2.)

4. Be prepared to pay for advice – it’s much cheaper than learning from your mistakes.

5. Not everything that glistens is gold – often when you start out it can be tempting to see opportunities everywhere. The problem is you don’t yet have the perspective to decide what is a good investment and what is not.

Now is the time to take action and set yourself for the opportunities that will present themselves as the market moves on.

In challenging times like we are currently experiencing; you need a team who takes a holistic and personal approach to your property and wealth journey. Call Triple Zero Property on 1300 897 000 for an obligation-free consultation and take the first step onto the property investment ladder.

This content is general information only. Your situation is specific and individual, as such, you should always consult a registered and qualified professional within the specific area of advice needed.

Five upfront costs you need to know before building

Have you found a block of land?

Are you keen to access the new Home Builder Scheme?

Before you commit to anything, make sure you have enough in reserve for the following:

Five upfront costs (on top of your deposit)

1. Loan application fees – These fees can vary depending on your lender and is a one-off payment. Many financial intuitions will waive this fee but do your homework with regards to interest rates and ongoing fees.

2. Lender’s mortgage insurance (LMI) – if you have a deposit of less than 20% you may have to pay LMI. This exists to protect your lender if you can’t pay the loan. You may be eligible for the First Home Loan Deposit Scheme which assists first home buyers with a deposit of as little as 5 % (new places becoming available from 1 July 2020).

3. Legal and conveyancing fees – this is paid to the solicitor or conveyancer who prepares the necessary documents and conducts the settlement process.

4. The ‘extras’ which are often not included in the contract like a letterbox, roller blinds, water tanks and landscaping etc. At Triple Zero Property we guarantee all this is included in a fixed-price contract.

5. Moving costs – this will depend on how good your mates are! Sometimes it is absolutely necessary to hire professional movers.


Saving and pulling together a deposit isn’t easy. Just make sure you have a buffer to cover these extras costs.

Need help?

Buying a home is a complex process, that is why hundreds of families over the past 12 years have used our service. At Triple Zero Property we guide you through the process of buying land and building your home, ensuring you have a quality build within your budget. We offer a free service and would love to chat with you about your goals and how we can assist you.

Want to know how we have helped other first home buyers?First Home Buyer Journey

For more information, such as our first home buyers guide email

Disclaimer: The content of this document is not to be considered specific advice. Your situation is specific and individual; as such, you should always consult a registered and qualified professional within a particular area of advice needed.

First Home Buyer Journey

Claire and Mitch have been together for three years and had been thinking about buying their first home. This was a significant milestone for them as it was not just the financial decision but a significant step in their relationship. The process of saving for a deposit had required thoughtful discussion about how they handled money and what their goals were.

How long does it take to save for a deposit?

According to, it takes 4.6 years for an average first home buyer couple to save for a 20% deposit. However, with first home buyer grants and the latest Home Builder Scheme, these contributions can make a substantial difference to the deposit required.

Is property for me?

For Claire, her parents had always been very property focused and building a house was part of her financial plan. For Mitch, he had moved around a lot and the thought of a mortgage weighed on him. It was Claire’s parents who had already bought an investment home through Triple Zero Property, who suggested the couple use their free service to help them find their perfect property.

Why use a service like Triple Zero Property?

Claire and Mitch booked a one-hour conversation with a TZP mentor to iron out exactly what sort of property they both wanted.  By the end of the consultation, they had finalised where they wanted to live and had decided on the style of home they wanted. They were also introduced to an independent mortgage broker to provide financing options. Building a home has a lot of moving parts, and it was helpful to have an experienced team to help guide them through the decision-making process.

What are the upfront costs?

Mitch was worried that although they had a deposit, would they have enough money for all the upfront costs involved in buying a house? This checklist was covered in their conversation with Triple Zero Property, right down to the inclusion of a letterbox and roller blinds in the contract – even who would be arranging the rubbish bins!

How long does it take to build?

Four months after the initial conversation, their new home was built. The thrill of opening the door for the first time was a momentous occasion! Although Claire and Mitch don’t feel this will be their ‘forever home’, they have a quality build, with a great finish, finished on time, with no “extra costs”….and already growing in value.

Most importantly …  it is theirs.

For more information, such as our first home buyers guide email We can also share with you an independent property research report National Top 10 Best Buys by

Disclaimer: The content of this document is not to be considered specific advice. Your situation is specific and individual; as such, you should always consult a registered and qualified professional within a particular area of advice needed.

Who can access the new Home Builder scheme?

Scott Morrison has just put the finishing touches on the new HomeBuilder stimulus package. The housing project led by Housing Minister Michael Sukkar is focused on larger projects and new homes. This is part of a strategy to stimulate the economy and prop up the building industry as Australia moves out of the Covid-19 shutdown.

It has been revealed that families who have previously owned property can access the grant if they meet the income test and eligibility rules.

Undoubtedly the pandemic has had a significant impact on our current economic position. So far, the Australian property market has proven to be very resilient. For the next two to three years, it is about buying in key areas which are affordable but also looking strong for capital growth.  

Are you First Home Buyer?

With the new HomeBuilder scheme, first home buyers also receive the First Home Buyers Grant, which is an additional $15K from the state government (check each state for details).

With interest rates at historic lows now is a great time to be buying.

Are you thinking of building?

Currently, land availability is short, as developers have been on a go-slow approach in turning over new land due to COVID-19 and lending restriction. The HomeBuilder scheme has a 6 month window from the start of June 2020 to access the grant, so it is essential to start the process now.

Building your own home is a huge step and it is important to get each step right. For the past 12 years, we have been guiding clients through the process, from researching the right location and long after the keys have been handed over. This will save you precious time and money because we bring the very best of the display village to you.

What next?

Whether you want to take action and maximise the opportunities that are presenting themselves due to COVID-19 or just have further questions about the HomeBuilder scheme, the team at Triple Zero Property are here to help.

Call 1300 897 000 or email

HomeBuilder Fact Sheet

Should I buy a negatively or positively geared property?

While many people go into property investing thinking their investment will be an instant source of cash flow, this isn’t always the case.

As with any choice relating to an investment property, investors need to weigh up the pros and cons of each approach, in line with their individual investing goals.

Depending on the net income earned from a property, an investment property can be neutral, positively or negatively geared.

What is a neutral cash flow property?

Neutral gearing is when the income earned from an investment property is the same as the total expenses. These expenses may include mortgage repayments, maintenance costs, property management fees and other ongoing costs associated with owning an investment property.

Is a positively geared cash flow the right strategy for me?

A positively geared property is where you receive a higher rental return than the outgoing expenses. Therefore, the property will have a positive cash flow, and as the owner, you will pay tax on this income earned.

Positively geared = property earns more than it costs to own.

This situation usually occurs when rents are high, and interest rates are low, especially for multiple income properties such as duplexes or homes with a granny flat.

Positively geared properties can be challenging to find in highly desirable areas. They may experience slower growth than negative cash flow properties. Some investors have been left with properties that are decreasing in values from buying in economically unstable locations, even though they were promised’ a positively geared property.

Why buy a negatively geared property?

By contrast, a negatively geared property has a rental income which is less than the outgoing expenses, including deductible losses. Therefore, the property investor is making a cash loss on their investment.

This cash loss can be used to offset any income received, such as a salary. Therefore, an investor with a negatively geared property will be required to pay less tax to the Australian Taxation Office. In other words, negative gearing a new property can turn an investment into a neutral or positive cash flow scenario.

What strategy is best?

For any investment, it is about finding the best strategy that suits your situation. Property investment is always about the location, but ‘cash is king’! Do your research and consult with a trusted adviser who can help you set up the correct structure to secure a growing investment.

Note: Did you know with interest rates being so low, we are now seeing most properties we present have a neutral cash flow. This is prior to submitting the quantity surveyor’s report (necessary to receive tax benefits) which in turn, provides our clients with solid positive cash flow (after-tax). If you would like more information please call the team at Triple Zero Property on 1300 897 000.Please send me more information about neutrally geared properties

Disclaimer: The content of this document is not to be considered specific advice. Your situation is specific and individual; as such, you should always consult a registered and qualified professional within a particular area of advice needed.

Will the Coronavirus affect property prices?

The Coronavirus (COVID-19) spreading around the world presents an incredible scenario as it impacts every aspect of our lives. The global economy is feeling the disruption as share markets operate with a high level of volatility.

Safe as houses?

One of the interesting phenomena that often occurs during a time of global crisis is that people will lean toward more traditional and perceived secure investments. As they attempt to reduce their risk in a time of uncertainty, they often move to what they consider as safer physical assets such as property.  

Despite what’s happening internationally with the Coronavirus, the majority of local property markets continue to remain relatively stable.

The Federal Government has acted announcing a range of stimulus packages as it prepares to support the economy during the coming months.

Interests rates are at an all-time low

Earlier this month, we saw the Reserve Bank of Australia decrease the cash rate to 0.50% in a move to support the economy in direct response to the global Coronavirus outbreak. There is also a strong indication that the Reserve Bank will cut rates even further when they meet in April.

Market forecast

At this stage no one knows how we will be affected in Australia in the short term nor how long those effects will last. However with interest rates at all-time lows, the real estate market continues to look very positive and a safe haven for many. The underlying fundamentals supporting the Australian property market in general have not changed (remembering there are multiple markets, and markets within markets).

If you are want to talk in more detail about your personal position and making the best sense for your strategy, email or call 1300 897 000 to make an online meeting at a day and a time that suits you.