Property buyers guide assists with education on what type of property would be better suited for an investor. We don’t provide financial advice on property attainment or investing so take the content on this site as being made for entertainment purposes only. Some factors that may influence these investments include price, area, condition of the home, property maintenance, and property accessibility.
Property type may also influence property investment in Sydney, as property buyers may want to consider the potential income he or she will receive from the property over time as well as how quickly they can sell it if needed.
A property buyers guide is often created through research and due diligence on areas that would influence good property investments in Sydney. It takes into consideration market trends, area growth rates, property costs, and expected capital gains.
Types of Property Investment Properties in Sydney?
There are many different types of properties available for rent or purchase throughout Sydney at all price ranges. The following list includes some of the more common types of property available
Houses – Houses make up avast majority of property purchases. Houses are usually purchased by property buyers looking to live in the property. They can also be rented out for a steady income source or used as an investment property
Vacant Land – Property investors often acquire vacant lots with the intention of building a new home on it once they find improvements to make and their property value increases.
Office Buildings – Office buildings are common throughout Sydney due to their prime location. Office spaces can be leased or purchased in parking structures, strip malls, above retail stores, and standalone locations. The price range will vary based on the area’s proximity to public transit and other amenities such as restaurants, coffee shops, grocery stores, mass transportation hubs like train stations/subways/etc., schools
Off-the-plan apartments – Off-the-plan property purchases are becoming more common within Sydney. These types of property investments may be used as investment property or as primary residence. Off the plan property deals provide property investors with the advantage of choosing specific features to incorporate into their property prior to construction occurring
Room Rental – Room rentals are typically found in college dormitories, business hotels, and other residential property buildings that offer shared housing options for young adults and students looking for roommates
Commercial Properties – Commercial properties make up most office buildings. Commercial properties also include strip malls which can house anything from beauty salons to restaurants, pet supply stores, pharmacies, doctors offices, coffee shops/bakeries, shopping centre space
House and Land packages – Sometimes property investors will purchase property that comes with a house on it. The property usually has been rented out but the property is empty and property buyers can move right in
Commercial Properties – Corporate office spaces are becoming more common throughout Sydney, as corporations look to own real estate for headquarter locations instead of leasing
As you become more informed about Sydney property investments you may want to explore further which types of properties will best suit your needs and financial goals.
A property buyers guide often creates an understanding of what type of property is available so that property buyers can begin considering whether or not they’re interested in other factors such as income potentials, capital gains/losses expected, property area, proximity to amenities like schools, shopping centres & mass transportation hubs.