Canterbury Property Services 10 point checklist

Years ago, clients were left to find their own properties, but it was disappointing to see their progress stunted by wrong selections. 

The selection is partly to do with getting the best tax deductions and depreciation allowances. Two similar looking houses can have vastly different depreciation allowances and tax deductions. You have to get it right - too much depends on it thats where Canterbury Property Services adds value.

You must always select white collar areas where say a school teacher would choose to live if doing a 5 year stint in that area.

Every investment must fit the 10 point checklist below.

1. Only invest in areas experiencing strong population increase.

2. Only land locked locations (i.e. short land supply with nowhere left to expand).

3. Vacancy rate 3% or less.

4. Only areas where 90% owner occupiers.Even normal balanced suburbs are 70% owner occupied. We like it better than that so focus on an area with only 10% investment for better rental sustainability.

5. Areas that are cheaper than surrounding areas.  In other words where there is some catching up to do with the prices of surrounding real estate.

6. Areas where there has been no significant sign of recent capital gain. We don't want to buy just after an area has trippled in price. Even at the end of boom periods, there are always pockets or niches that haven't yet had their full run.

7. High percentage rental return. Compared to other areas.

8. Nearby Schools.

9. Close to transport.

10. Surrounded by adequate infrastructure.

You don't have to worry about how all this fits together. We do it for you at Canterbury Property Services.

© Canterbury Property Services 2013 We"ll get you ahead”.  DISCLAIMER - Any information presented in this document is given purely as illustrations and should not be construed as specific investment recommendations. The laws relating to investment, taxation, benefits, and the handling of money are constantly changing and are often subject to changes in Government Policy.  While every care has been taken to ensure the accuracy of material contained herein at the time of publication and presentation, neither the author, presenter, promoters nor the publishers will bear any responsibility or liability for any action taken by any person, persons or organisations on the purported basis of   information contained in the document herein. Without limiting the generality of the aforegoing , no person, persons or organisations should invest monies or take other action on reliance of the material contained in this material but instead should satisfy themselves independently (by seeking expert advice or otherwise) of the appropriateness of any such action. Canterbury are not licensed financial advisers.  The general information we provide is for educational purposes only.  Whenever specific financial advice or financial product advice is required Canterbury will refer you to licensed individuals who hold the appropriate licensing required by ASIC. The information contained here is not all-encompassing. No action or decisions should be undertaken until supplementary information is provided by Canterbury representatives. This happens during the course of a series of face to face meetings. It is critical to realise that complimentary and additional information needs to be provided before an informed opinion can be reached. Canterbury offer an overall long term strategy that needs to be fully understood by all parties before it is implemented. Canterbury provide all potential clients with a number of meetings to cover all of the relevant information, strategies and ideas. Only after those meetings do we allow any potential client to implement any plan or strategy. To act or make decisions without the benefit of the additional complimentary information could be detrimental. For example it is important to understand that while you quickly pay down a non tax deductible home loan, other loans might increase at the same time. However the overall strategy is of immense benefit to all the clients we have ever met.