The great Australian dream has always been to own your own home. Today things have changed and by using the equity in your property you can create a lifestyle you have only ever dreamed of. If you have finished paying off your mortgage or at least see the happy event in sight, congratulations! At this time with all those payments that have been tying up so much of your income for so long, finally in your control we suggest that this is the ideal time to consider property investment.
We’ve all heard the phrase ‘as safe as houses’; investing in property is typically seen as a safe way to invest your money and many Australians choose to take this option as it has proven to provide steady returns and capital growth. Other advantages include ongoing income through property rental and potential tax benefits through negative gearing. Purchasing an investment property should be viewed like any other investment, with its own risks and benefits. Choosing a loan for your investment property is like selecting any other loan and therefore you need to compare interest rates, fees and charges, features and benefits. At OwnHome we will work with you to ensure you find the best option for your situation.