There are a lot of ways to invest in the Adelaide property market and make money. Let’s take a look at the most common and successful investment strategies.
Home Ownership
There are a lot of ways to invest in the Adelaide property market and make money. Let’s take a look at the most common and successful investment strategies.
Renovate And Hold (To Lease)
Rather than buying a property, restoring it and selling it, you purchase and renovate it to boost the rental income. Ideally, transforming it into a positive cash flow asset and then leasing that property out.
Second Dwelling Or Duplex
This is developing two properties on one block of land. You may have two houses on one block of land. You may split it down in the middle and subdivide it or may simply strata title it.
Dual Occupancy
It can be an excellent way to increase the property’s rental yield and be a profitable strategy.
You can achieve this in many ways – you can do it by converting a single house into two units or renting out a granny flat. You must go through the council’s registrations or consult Adelaide investment property specialists to complete all paperwork correctly.
House And Land Packages
Here you buy a block of land, and you go about building a house on that block. It is one of the most favoured options as many state governments provide concessions or grants to first-time homebuyers or construct new properties.
Commercial Real Estate
In terms of lending and many other aspects, commercial real estate differs from the residential property market.
Commercial property can be a viable option in your investment portfolio because the rental yields can often be higher than the residential market in the area. Moreover, commercial property tenants will generally pay most of the ongoing expenses such as council rates, maintenance, etc.
Syndicated Property Investment
It is a property investment where multiple buyers pool their funds to purchase a property they probably could not afford independently.
This strategy might be a step back for some investors but can be a good option if you do not have the full deposit to buy a property in Adelaide by yourself. However, before agreeing, perform thorough research or consult the local investment property expert.
