What advantages are there in buying new?
Legally, foreign buyers cannot buy “old” properties. But if you are an Australian citizen, you can also consider older apartments. Old apartments of course do not have the latest designs, or structural guarantees or internet wiring. New properties often have swimming pools, security, parking, spas, gyms and possibly other facilities, all of which are very attractive to tenants.
As an investor, you need to also look at what tenants are demanding - that is “lock up and leave” security, resort facilities, car parking, usable outdoor areas and convenience.
When buying from Citylife International Realty you can have peace of mind that not only are prices fixed. they are always guaranteed to be offered at the same price as is available in the local market in Australia.
In addition, up to 60% of the purchase price on new property is "given back" to you by way of tax incentives.
For old properties, if you are an Australian citizen, you can get assistance with Michael Bentley's buyers service, an affordable and unique service that is of great benefit to overseas buyers.
Go here for more info.
For more answers to commonly asked questions, please return to the FAQ page using the link below.
