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How to Choose the Right Investment Property in Australia?

How to Choose the Right Investment Property in Australia?

How to Choose the Right Investment Property in Australia?

By Subhash Godara & Property Advisory Team

Investing in real estate can be one of the most rewarding financial decisions you’ll ever make. But let’s be honest—it can also be overwhelming. Whether you’re looking at investment properties in Melbourne, rural properties in Victoria, or commercial spaces in Melbourne CBD, choosing the right property requires thorough research and strategic decision-making.

If you’re wondering where to start, don’t worry! This guide will walk you through the key factors to consider when investing in Australian real estate, helping you make an informed choice that aligns with your financial goals.

1. Define Your Investment Goals

Before diving into the property market, ask yourself: Why am I investing?

  • Do you want steady rental income from rental properties in Dandenong?

  • Are you looking for long-term appreciation, such as luxury homes for sale in Melbourne?

  • Is your goal to develop and resell, targeting Melbourne property developers?

Having a clear objective will help narrow down your search and identify the best real estate agents in Melbourne to assist you.

2. Choose the Right Location

Location is everything in real estate. Here are some top spots to consider:

  • Melbourne Inner-City Apartments: High demand, strong rental returns, and excellent capital growth.

  • Rural Properties in Victoria: More affordable with long-term appreciation potential.

  • Commercial Property for Lease in Melbourne: Ideal for business owners and investors seeking rental income.

  • Properties for Sale in South Melbourne: A vibrant area with increasing property value.

  • Land for Sale in Mornington Peninsula: A great option for those wanting to build from scratch.

Looking for investment opportunities outside Melbourne? Consider property investment opportunities in Bendigo, where market growth is steady and affordable.

3. Understand Market Trends

Real estate is dynamic, and market trends change frequently. Here’s what you need to consider:

  • Supply & Demand: Are people looking for rental properties in Dandenong, or are commercial spaces in Melbourne CBD seeing more demand?

  • Interest Rates: Lower rates make property investment more attractive.

  • Government Incentives: First-time home buyer programs in Melbourne can help ease the financial burden.

  • Infrastructure Developments: Areas with upcoming developments, like Ballarat, often see increased property value.

Statistic: The Australian Bureau of Statistics (ABS) reported a 14.6% increase in new dwelling approvals in Victoria over the past year, indicating strong market growth.

Speaking of Ballarat, if you're looking for real estate services in Ballarat, working with experienced agents can help you find lucrative investment opportunities.

4. Property Type Matters

There’s no one-size-fits-all investment. Consider these options:

Residential Properties

  • Luxury Homes for Sale in Melbourne: Best for high-net-worth individuals seeking long-term capital appreciation.

  • Affordable Rural Properties Near Melbourne: Ideal for investors looking for lower entry costs.

  • First-Time Home Buyer Programs in Melbourne: Beneficial if you plan to live in the property first before renting it out.

Commercial Real Estate

  • Commercial Property Sales: Perfect for businesses or investors wanting long-term rental income.

  • Commercial Real Estate Investors: If you have the capital, this can offer strong returns.

  • Estate Management Services Melbourne: Need help managing multiple properties? Professional estate managers can handle the workload.

Land & Farms

  • Farm Land for Sale in Victoria: Excellent for agricultural investment or future development.

  • Acreage for Sale: Ideal for those looking for larger plots of land with long-term appreciation potential.

  • Farm Property Management in Victoria: Professional management ensures your land is used effectively.

Rural properties in Victoria have seen a 10% increase in median prices in the last 12 months, according to Domain.

5. Work with Professionals

Finding the best real estate agents in Ballarat or Melbourne can make a huge difference in your investment success. A good agent will:

  • Provide insights on market trends.

  • Help negotiate the best deal.

  • Offer guidance on legal paperwork.

If you're new to investing, a Melbourne Property Investment Advisor can help you understand the risks and rewards, ensuring your money is placed in the right property.

6. Consider Rental Yield and Capital Growth

Before making a purchase, research the rental yield (percentage of rental income compared to the property's value) and capital growth potential (the expected increase in property value over time). Areas like Geelong and Dandenong offer strong rental demand, making them excellent choices for long-term investors.

The average rental yield in Melbourne is currently 3.5%, while regional areas like Geelong offer yields up to 5.2%, according to SQM Research.

7. Know the Selling Process

If you’re investing to resell, it’s crucial to understand the process of selling a house in Melbourne. Here’s a quick breakdown:

  1. Get a property valuation.

  2. Prepare your property for sale (renovations, staging, etc.).

  3. Work with real estate consultancy Melbourne services.

  4. Market the property effectively.

  5. Close the deal with the help of a real estate lawyer.

Having a strong marketing strategy is key, and services like project marketing for real estate developers can help boost visibility.

8. Diversify Your Portfolio

If you’ve already invested in luxury property investors Melbourne, consider diversifying into other sectors like commercial spaces, farmland, or regional properties in Victoria and Bendigo.

Conclusion: Make the Right Investment with Goldfish Real Estate

Choosing the right investment property in Australia requires careful planning, market research, and expert guidance. Whether you’re exploring rural property sales Victoria, commercial real estate investors, or first-time home buyer programs Melbourne, understanding the market dynamics will help you make informed decisions.

Looking for expert guidance? Goldfish Real Estate specializes in helping investors find high-return properties across Melbourne, Ballarat, Bendigo, and beyond.

Contact Goldfish Real Estate today and start your journey toward a profitable property investment!

Invest wisely, plan strategically, and make the most of the booming Australian real estate market!


Disclaimer: Research is based on Goldfish Real Estate's general information and do not constitute any representation. Similarity with any other online resources available is not our responsibility and do held any liability.

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CHECKLIST – Move-in and out cleaning

CHECKLIST – Move-in and out cleaning

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It is always a stressful time when moving in or out of the property. There are lots of things to manage so this transition can be smooth and without any stress. Our intention is to undertake a FINAL INSPECTION to prepare an EXIT CONDITION REPORT based on the ENTRY CONDITION REPORT of your rental property as soon as possible after you hand your keys in at our office.

It is better to WALK through the PROPERTY on the DAY when you are HANDING OVER the KEYS… schedule a meeting for the day with one of the Property Managers. You will need to ensure that the items on the CHECKLIST listed below have been given due attention to make it presentable:

General:

  • Carpet steam cleaning to be carried out by a professional contractor - a receipt will be required Hire machines are not acceptable; Highly recommend MUST be booked for the day before you handover the key;
  • Pest control for fleas is required when a dog or cat has been kept or permitted on the premises;
  • Clean all windows, doors, sliding doors, window tracks, fly screens, and security screens;
  • Vacuum all sliding door tracks and wipe;
  • Sweep and mop all floors, removing marks;
  • Clean light fittings, remove all cobwebs (remove light fittings and wipe out dead bugs);
  • Clean marks off walls and light switches;
  • Wipe down and remove all dust from skirting boards;
  • All curtains and blinds to be taken down and cleaned;
  • Window & window sills to be cleaned inside and out;
  • Clean all ceiling fans (is applicable);
  • Please turn off the main power switch in the electrical meter box;

Kitchen

  • Inside and outside all cupboards and doors
  • Inside, outside, and around the stove, grill, and oven
  • Inside, outside and behind refrigerator and dishwasher
  • Exhaust fans and filter
  • Sink, especially drain holes
  • Rangehood and filter (filter can be removed and cleaned)

Bathroom

  • All floors, mirrors, windows, and window tracks
  • Inside and outside all cupboards
  • Toilet, bath, glass screens, and sink
  • Grouting to be free of all soap, residue, and mildew
  • Clean inside built-in wardrobes and mirrored doors (wipe over scuff marks)
  • Clean all ceiling exhaust fans in bathrooms & toilets

Laundry Area

  • Inside, outside and behind the washing machine, rinse out the filter.
  • Inside, outside and behind the dryer, remove lint.
  • Clean laundry tub (inside the bottom cupboard of the tub)
  • Clean ceiling exhaust fans.

Alfresco or Outdoor pergola or Veranda

  • Sweep and mop, clean railings, and any perplex glass.
  • Remove all cobwebs.

Garage or Sheds

  • Sweep out and remove any oil residue from the concrete.
  • Remove all cobwebs.
  • Empty any bins and remove all rubbish (put the bin out if it is full).
  • Close garage door.

Front and back yards

  • Lawns and gardens to be mowed, gardens weeded and left tidy.
  • No rubbish is to be left on the property.

If furnished

  • Make sure that all items are in original rooms as per inventory and have been cleaned.

ADDRESS UPDATE: Who needs to know about your current address?

When you move to your new home there will be a number of people and organizations you will need to notify.

The following CHECKLIST includes some of the most common; we suggest you use it as a basis for creating your own personalized list to make a smooth TRANSITION.

Personal

  • Family, Friends, and Relatives
  • Government Agencies (VicRoads, Taxation Office & Electoral Commission)
  • Employer
  • Medical (doctor, Medicare, insurance)
  • School/university
  • Clubs and associations
  • Finance (accountants, banks, credit cards, and superannuation)
  • Insurance (contents, health, building, motor vehicle, special items)
  • Department stores (accounts, store cards)
  • Utility Connections (Electricity, Water, Gas, and Telephone)
  • News or Travel agency

The Day when you hand over the keys

  • Do a final walk-through with this checklist to ensure your property is in the correct handover state to avoid any tenancy disputes with your rental bond.
  • Your carpets should be professionally cleaned by today;
  • External areas returned to the same condition as the beginning of the lease;
  • Bins emptied or placed out on collection point securely;
  • Organize your keys and remote controls for all locks are ready to be returned;

Date of disconnection:

Make sure Electric and Water connections must be scheduled for disconnection for the next day of vacation date so Estate Agent can ensure all electricity’ equipment are in working order, and you take picture of meter readings;

Mail/Letter Diversion: consider the letter and mail diversion options at the local post office or online to divert for at least 2months so you won’t miss any important communication.

GROW your RETURN on INVESTMENT, not INVOICES

GROW your RETURN on INVESTMENT, not INVOICES

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RETURN BOOSTER... Limited time offer!!!!

Get a FREE Marketing Package when you lease your property with Goldfish Real Estate!!!

This COVID-19 pandemic is a challenging time for landlords and tenants alike, and we are committed to offering competitive edge solutions to our landlords, investors and tenants.

With the 20% off during the first year's management FREE, it’s even better when onwards there will be JUST $100 per month a FIXED FEE… That’s why, it is a RETURN BOO$TER deal where you grow your RETURN on INVESTMENT, not BILLs. 

Our expert property management team can secure reliable, long-term tenants with private inspections without any hassle. We simply offer 100% Peace of Mind as our services come with:

  • No Hidden Charges or surprises
  • 100% Service Guarantee
  • Regular Inspections
  • Periodic Rent Review and Market Updates
  • Reliable and verified Tenants
  • User-Friendly Technology to offer you 24x7 access to all information
  • Simple handover: we handle the "break up" with your current agency
  • Real People, Real Service… Local experts to look after your property
  • 100% Transparent and honest communication

Simply, we establish long term and sustainable relationships with our clients to offer the best and ever-evolving, innovative real estate services transparent and ethical. 

And all the human processes are supported by technology to make things quick and painless.

As one of our clients, Ray says:

"Goldfish Real Estate team brought an innovative and user-friendly solution to us which fully compliant and 24x7 access to full details with a dedicated property manager at a very cost-effective solution where I am saving $1575. Being an Investor every $ count and when above expectation service level we resist to grab the opportunity!!!!!

for investors who want to grow their return by $1,000 - $2,000 back into your investment pool… talk to these guys”

For landlords and investors who already have a property or asset manager, it only takes few minutes to take over and bring the best solutions on your tips with a dedicated Property Manager.

To know and learn more, call us now on 03 9266 0270 or email [email protected]