Shepparton has excellent rental yield and, in most cases, higher than our metropolitan neighbours. Investing in property is a great way to build wealth for your future. Did you know that choosing to build an investment property rather than buy an existing home provides a number of extra benefits for potential investors?
At Cavalier Homes, you’ll find a range of house and land packages designed specifically for the investor with a rental appraisal provided by a local real estate agent. These turn key packages include colour selections, window coverings, fencing and landscaping to make the process simple. Your investment property will be built in new estates surrounded by other new homes and close to schools, shops and transport services making it more attractive for potential tenants.
Cavalier Homes’ director, Jason McHugh said, “Shepparton is a great place to invest. We’ve got good land sizes and prices with high demand for properties giving great rental returns so it’s an ideal time to buy and rent out a home. There are a number of very big projects under construction such as the new Shepparton Art Museum and the massive GV Health upgrade as well as other big construction and infrastructure projects around the immediate region. And to add to this, interest rates are at historical low.”
Another benefit of building a new home and renting it out that often goes unconsidered by potential investors is the depreciation benefits available. It’s a deduction available for any wear and tear, which occurs to the building structure, and the plant and equipment assets contained in the property over time.
What does this mean? This means if you are earning a salary and paying tax you can get a higher tax return helping to pay for your rental property.
Cavalier Homes can even put you in touch with BMT Tax Depreciation to prepare your depreciation report!
Cavalier Homes have plenty on offer for both investors and homebuyers with access to a finance broker to help find a home that suits your budget. Their current display homes are available for viewing on Sanctuary Drive, Kialla with their two new display homes currently under construction in Sevens Creek Estate.
So, what’s stopping you? Head into the Cavalier Homes display homes at 59 Sanctuary Drive, Kialla or call 5832 6082 and speak with their friendly team today for more information and start your investment portfolio!
