Hi All,
I am Chen from Singapore and i would like to buy an apartment unit for my son's education. He plans to study in Swinburne Uni at Hawthorn, Melbourne. As i am very new in real estate in Australia, i would really appreciate your opinions on the type of property to be purchased.
From realestate.com.au, i can see some student accomodation is listed for investment only and some do not.
Student investment accommodation
http://www.realestate.com.au/property-apartment-vic-hawthorn-106346162?tm=1270780833&c=69936918
Studio Apartment
http://www.realestate.com.au/property-apartment-vic-hawthorn-105934779?tm=1270780833&c=69936918
Is there any restrictions on investment property for student? i.e legally restricted for students only and not for other residentail purposes....As such, the potential of capital gain is limited and the target tenant is also limited to student only?
Appreciate your feedback. Thanks.
I am Chen from Singapore and i would like to buy an apartment unit for my son's education. He plans to study in Swinburne Uni at Hawthorn, Melbourne. As i am very new in real estate in Australia, i would really appreciate your opinions on the type of property to be purchased.
From realestate.com.au, i can see some student accomodation is listed for investment only and some do not.
Student investment accommodation
http://www.realestate.com.au/property-apartment-vic-hawthorn-106346162?tm=1270780833&c=69936918
Studio Apartment
http://www.realestate.com.au/property-apartment-vic-hawthorn-105934779?tm=1270780833&c=69936918
Is there any restrictions on investment property for student? i.e legally restricted for students only and not for other residentail purposes....As such, the potential of capital gain is limited and the target tenant is also limited to student only?
Appreciate your feedback. Thanks.