Why should we buy an investment property?

There are many benefits for Australian residents purchasing investment property including:

* Appreciation   

* Depreciation   

* Tenant paying the mortage                                                                          

* Tax rebates.

Do you want to know more? Well go to the top and click on the questions you want answered.

Can overseas residents buy in Australia?         

Well not everybody in Australia can afford or has the desire to live on the water. However, Australia is a wonderful country were you will have an equal opportunity to become unequal. That is of course if you do not want to be classified as "average" which means being happy to live like everybody else (which means you will need support from the government to survive in your retirement) and being part of the "flock". If you would like to be part of the 5% of Australians who retire independently wealthy you need to invest your money wisely. Making your money work for you instead of working your whole life for money.

James Cagney's interest in Real Estate was kindled when he realized that immigrants have the opportunity to buy investment property in Australia whilst still living outside of Australia.  Many migrants mistakenly believe they can only do this when they arrive in the country. However buying property is in fact more difficult once migrants settle because they have no credit record or equity in their new country - two ingredients essential in order for the banks to lend money to purchase a home. As a result many migrants have to wait several years before they can buy a home, which can be very stressful. Housing prices continuously rise in urban areas, and new migrants find it difficult and can't afford to buy and therefore have to rent. Unfortunately rents are rising continually and migrants are finding almost impossible to save for a deposit for a property. Unbeknown to most migrants, they can actually borrow between 70% to 80% on the property from Australian banks, whilst they are still living and working in their home country. A deposit of around 20% plus purchase costs is required and most investors from developed countries have no exchange control and can easily deposit the money into a solicitors account. The easing of the South African Reserve Bank exchange control restrictions has helped many South Africans to fund the deposit and costs to enter into the property market prior to their immigration to Australia.  

James Cagney is a registered Real Estate Agent in Queensland and New South Wales. He able to help you with Brisbane, South East Queensalnd and Queensland investment property. He has reliable contacts with real estate agents for Perth and West Australia investment property, Melbourne and Victoria investment property; Adelaide and South Australia investvestment property; Canbarra and ACT investment property; and Darwin and Northern Territory. Investment property in Australia can be soursed so give us your destination. james has relaible and licensed real estate agents who will help you find an investment property in New Zealand. Just click >>>>here and give us your destination and price range for Australia and New Zealand

What can Australia Hot Property do for you? 

At Australia Hot Property (AHP) we work hard for our clients to assist them in purchasing exceptional Australian property for owner-occupier and investment purposes. These include houses, villas, townhouses, apartments and land purchases. We offer an integrated system to help our clients purchase quality real estate which offers maximum capital growth and sustainable rental returns.

What we will do for you:

•  Help you understand the Australian property market.
• Source the best property to fit your budget and circumstances.
• Arrange mortgage finance and bank accounts with favorable terms and conditions.
• Refer you to independent and reputable professionals to complete the purchase and look after the property after the purchase e.g. Solicitors, Mortgage Brokers, Bankers, Accountants and Property Managers etc.  

James Cagney has in-depth knowledge of the Australian property market and he is willing to assist you with your investment in Australia. James is a member of the Property Investment professionals of Australia. This is an organization dedicated to delivering a high standard of ethics and services within the Real Estate           Industry.

What makes Australia a desirable destination for migrants?

• Despite the world economic crises Australia has one of the most stable economies in the world. 
• The Asia Pacific region is an area of economic growth, albeit slower than in previous years. Australia’s trading arrangements in Asian such as China and India are still predicting good growth in their economies whilst the USA and Europe are in trouble. Global demand will decline but Australia will gain market share at the expense of higher-cost producers like the USA and Europe.
• Australia has good prospects for the future despite the global financial crises and economy. Although there is a decrease in global demand the prices for commodities is holding and the AUD is rising against the USD and the Euro. 
•  The Australian Government has been proactive in stimulating the economy. They decided to inject vast amounts of money into family grants and into new infrastructure to create jobs and to stimulate the economy. In December 2008 the government injected AUD10.4 billion into the economy.  Another AUD 42 billion is being injected into the economy over the next few years in a national building and job program. 
• The population growth rate of Australia has over the past decade has been a major factor to economic growth. For example during the 12 month period to June 2009, the population increased by 1.9% equating to over 680 000 new residents.  A large percentage of migrants (64%) are in the skilled category. This means that many of these migrants are buyers and renters of quality real estate. 
• The home affordability increased by 2.4% and the average household needs 38.8% of the family income to service the home loan. Interest rates have increase from the 50 year lows in 2009 This will reduce many of the marginal property buyers who will opt to rent which will increase returns on investment properties.
• The Australian housing market has grown rapidly since 1998, to the extent that mortgage loans as a percentage of GDP grew from 19.9% in 1990 to a peak of 60% in 2008. This peak was reached before a huge decrease in interest rates in 2008.  RP Data reported that house sales increased by 32% across Australia for the year ending June 2009 compared to June 2008.    

 * Unless otherwise stated all statistics are from the September 2008 and June 2009 quarter. For more updated information please go to the "NEWS" Tab and browse through the recent Articles and Updates James Cagney has written on property Or click >>>> here .
 

Why should international investors buy property in Australia? 

Because you can!  Non Australian residents can legally purchase Australian property. There are regulations in place for non residents which are not too arduous which we will explain to you if you wish to learn more about it.   Below are a few of the reasons why you should buy an Australian property:

• It’s a hedge against the falling rand (ZAR) and other unstable currencies against the AUD. Why would you not invest in a democratic country which has a stable economy, strong currency and a secure future?
• The median price of residential property in Australia has increased at an average of 10.5% per year over the last 50 years. You need to get into the market as quickly as you can to take advantage to ensure you can afford a home. Do not wait until you settle in Australia to buy property. You will pay more.  
•  Purchasing a property prior to settling in Australia is smart because it gives you automatic credit-worthiness even before you take up your  Australian residency. The alternative of paying cash for everything when you first arrive because you have no credit record is hard on your pocket.
• Because the property market in Australia is growing purchasing an investment property before you settle gives you equity to buy a home in an area where you and your family want to live. Many families have to wait years before they buy their first home wasting their hard earned income paying rent.   
• Your investment property will give you personal income tax credits in Australia, which you can use when you start earning income in Australia. Paying the tax man less when you get to Australia means more money in your pocket.  
• The landlord in Australia is protected by the Residential Tenancy Act. The landlord is considered King and /or Queen as we have some of the strictest tenancy laws in the world. Ask AHP for more information about your rights as a landlord and how we can assist you in getting the right property management in place.

For more updated information please go to the "NEWS" Tab and browse through the recent Articles and Updates James Cagney has written on property Or click >>>> here .

Where should you purchase an investment property?

Do not become emotionally involved or “loyal” to the state where you initially plan to settle when purchasing an investment property in Australia. Think of the property as a money box into which you, the tenant and the taxman (ATO), make deposits prior to your arrival. You must invest where you get the best capital growth and sustainable rental return. Queensland and Northern NSW is the place to buy even though you may live in another state when you do settle in Australia. You just use the equity in the investment property to buy your home.

• In the year ended March 2008 Queensland recorded the highest population growth rate of 2.4% which is 0.7% above the national average. Queensland’s population growth equates to 27.9% of Australia’s overall population growth, followed by Victoria at 25.1% and New South Wales at 22.3%.  Queensland population was 187,865 more residents for the year ending June 2008, the highest increase in numbers for any other state.
• Since early 2001 Queensland has experienced a trend of strong interstate migration, mostly due to the large number of people from the southern states relocating there. Over the year ending June 2009 the year’s interstate migration to Queensland was over 27 000 people.
• The total number of residential units that construction commenced on during the September 2008 quarter fell 6.4%. This caused rents to rise at unprecedented rates within the past decade. Queensland’s dwelling construction commencements represented 24.9% of all dwelling construction commencements throughout the country. With the global financial crises and credit squeeze banks are reluctant to lend vast sums of money to developers. This will result in a shortage of property in the foreseeable future.
• With the low interest rates the Queensland “Time to Buy a Dwelling” index rose 33% over the quarter and it is 70.1% higher than its value one year ago (in September 2007). 
• Brisbane and the Gold Coast, located in South East Queensland together with the Northern regions of NSW are the fastest growing areas in Australia.   The Queensland State government is spending $18.7 billion during the 2009-10 fiscal year on infrastructure. That is $50 million per day and over $2 per hour on infrastructure. This will create thousand of jobs and increase house prices and rental yields.
• Many South Africans choose Perth, in Western Australia, to settle. Many of these have chosen Perth as the home because of its proximity to South Africa. The fauna and coastline resembles the west coast of the Western Cape which is appealing to South Africans. The population of Perth and the surrounding towns has grown dramatically in recent years. A great proportion of this growth has come from overseas migration. Due to the worldwide economic crises and recession, the subsequent demand and price of commodities has resulted in the closure of a number of mines and retrenchment in others. Due to this the price of property had fallen. However property prices have once again started to rise in Perth. Sydney, Darwin, Canberra and Perth are the most expensive cities to buy and rent property.  
• Capital growth more than rental returns will give you the opportunity to increase the number of properties you buy because of the increased equity in the property, which increases your capacity to borrow money. Once you own a number of properties then rental returns become more important than capital growth. So go for capital growth first and then rental returns. 
• The inner suburbs in the capital cities are popular for the younger and up and coming home owner and renter. We call them DINKS in Australia (Double Income No Kids). However, these properties are expensive and often need renovating. For the offshore investor this is a huge challenge and  they should stick to new properties to avoid the stress.
• Sydney and Melbourne and the surrounding cities and towns  will be more affected by the global recession than other areas because of it's large manufacturing sector. The government had offered lucrative tax incentives on new vehicles and capital expenditure to businesses (until December 2009). This gave the motor and machinery manufacturers and allied service providers a boost in sales.  This was a short term solution. The high cost of Australian labour is forcing many of the Australian manufactures to go offshore to Asia to remain competitive. More retrenchments will follow and  this will but pressure on the growth of real estate in these areas. Holden in Adelaide, South Australia, will unfortunately follow suit making real estate in other areas in Australia a better proposition for now. 

 * Unless otherwise stated all statistics are from the September 2008 quarter. For more updated information please go to the "NEWS" Tab and browse through the recent Articles and Updates James Cagney has written on property Or click >>>> here . 

When should you buy a residential property? 

• Despite the posturing by the present ruling party in Australia to gain votes prior to the election (Julia Gillard and her Labour cohorts) Australia’s proactive immigration policy and increasing birth rate in the country has the population projection over the next 30 years increasing by as much as 40%. This will push the population to around 30 million people.
• At the same time the global credit squeeze has put many property developments on the back-burner as developers struggle to raise funds. This will result in a huge housing shortage, which will in turn cause housing prices and rents to rise dramatically over the next few years.
• Mortgage interest rates in Australia are still the lowest in 10 years. It is much easier to secure a loan for a home or investment property and it costs a fraction of what it did two years ago.

* Unless otherwise stated all statistics are from the September 2008 quarter. For more updated information please go to the "NEWS" Tab and browse through the recent Articles and Updates James Cagney has written on property Or click >>>> here .

Investment properties for sale right now? 

PROCRASTINATION will keep you BROKE and FEAR will keep you POOR. You chose today where you want to be. If you choose to be WEALTHY then you need to act now. Please click on the highlighted "AHP Properties (1) & (2)  for the properties we have available right now. We do have other value for money properties not included as we list on a daily basis. Please contact us so we can give you more details.    

Properties for sale:                                                                                                                                                                           

• AHP Properties (1) 2010.pdf - These  are scanned document of the "AHP Leaflet" because of the size of the document to upload. The quality is not as good as the printed version. We can email additional photos and provide you with information on any specific property or properties you may be interested in. Please quote the reference number when you request more photos or information.
• AHP Properties (2) 2010.pdf 
• Please click >>>>>here to request more information and photos of each property. 

Contact James Cagney via the contact us form >>>>here or call James on his mobile 0416 137 645 for this information.

How are you protected when you purchase a property from AHP  

Australia Hot Property (ABN No.BN20574423) is a subsidiary of IRPS Associates Pty Ltd, which is a registered Real Estate Agency in Queensland (No.3048759). The CEO, James Cagney, a former migrant from South Africa now living on the Gold Coast in Queensland, and  is a registered Real Estate agent in Queensland and New South Wales. James is a member of the Property Investment Professionals of Australia (PIPA). This organisation's goal is to uplift the ethics and standard of  and service within the Real Estate industry.  Members have to abide by this strict "code of coduct" or be forced to resign from the PIPA organisation. 

James is an advocate for property investors in Australia. Unfortunately the Real Estate industry in Australia has a very bad reputation. This reputation is not unfounded as many people have been conned by unscroupulous agents. James  is constantly fighting for the rights of people who spend their hard earned money trying to secure their future  through investment property. James is the founder of "a-fair-go", which stands up for the rights of property investors in Australia. If you have a complaint about any real estate agent please contact James and he will investigate on you behalf so you can have  "a fair go". Just click >>>here a share your concerns.

James is the founder of the Australia Investment Property Network to which property investors can join and share their knowledge and experience. We are looking for people throughout Australia who want to associate with other people who want to enjoy a retirement with lifestyle and dignity and not be broke and ashamed. If you want to know more about the benefits of owning investment property or want to continue investing and expanding your property portfolio please contact us by clicking >>>>here.

Disclaimer:

This is not advice. You should not act solely on the basis of the material contained on this website. Changes in legislation occur frequently and without prior notice. Items herein are general comments only and do not constitute or convey advice per se.

^{IRPS Associates Pty Ltd, P O Box 838, Helensvale, Queensland, Australia 4212.} 

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