Considering becoming a real estate investor? Or maybe you’ve already joined the home investors crowd and you’re now learning how to manage your assets?
Investing can be a risky business, not real estate though. Property investment is known to be one of the surest, risk-free investment opportunities there are.
How many Australians are home investors? About 7.9% of Australians own investment property, with most having just 1 property.
Meet the typical Australian real estate investor
He’s likely to be a male (only ⅓ of investors are women), so we’ll call him James:
- James is in his 40s and married (72% of investors are married).
- James is self-employed with an average monthly net income of approximately $6,600 AUD.
Research shows that direct residential investors are mainly professionals in management positions, small business-owners or workers with a skilled trade. Overall, 27% are self-employed, relative to the 19% of self-employed owner-occupiers.
There’s a new breed of Australian home investors
There’s a new type of home investors rising on the real estate market: young adults in their 20s and 30s.
[ctt template=”7″ link=”ayTMd” via=”no” ]There’s a new type of home investors rising on the real estate market: young adults in their 20s and 30s.[/ctt]
How can they afford to invest in property?
Most of them postponed their Australian-acquired-dream of moving out of their parent’s house by their 20s and focused on learning efficient ways to save money instead…
…which is why a lot of them are still living with their parents while saving / investing their money.
Even though these young adults aren’t living on their own, they certainly can learn a few valuable money lessons while setting themselves up for a bright future.
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Why is real estate such a sought-after investment opportunity?
There are many reasons why. One of the most important ones would be the fact that real estate is a low-risk investment opportunity with an attractive rate of returns.
Here are four more benefits of becoming a property investor:
- Safety and profit. A great rule of thumb when it comes to real estate investments is your risk of loss is minimized by the extent of time you hold onto your property.
- Real estate offers you a greater level of control over your investment since it’s a tangible asset you can leverage to capitalize on numerous revenue streams.
- A property’s value will increase over time… very much like great wine.
- One of the greatest perks of investing in real estate are the tax benefits you can access / claim such as, tax deductions on mortgage interest, cash flow from investment properties and so on.
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Real estate can be an amazing smart way to accumulate wealth. Get in touch with your financial planner and figure out the best way for you to become a property investor. There’s no better time to secure your and your family’s future than right now.
Are you ready to join the Australian home investors crowd?
At Shuriken Consulting, you can work with an entire team of experts. We can help you sort out your financial situation and guide you through the process of choosing the best investment opportunity for your financial situation. Let’s get in touch now: