House & Land
House & land has proven to be a good long term investment. Depreciation, together with the rent, means that in times of low interest rates the investment is often cash flow positive from the outset. Even at higher interest rates, the tax deductions usually mean that there is little after tax cost to holding a property while waiting for the long term capital gain.
Typical concerns about house and land investment are the work and experience required to:
- source a block of land that is suitable for cost-effective construction
- arrange a fixed price build contract with a reputable builder
- ensure that there are no bulding defects at handover and beyond
- arrange a property manager and secure a quality tenant.
Compass is highly experienced in putting all this together so that the whole process is smooth from end to end.
H&L is a popular investment choice for those that can afford it.