As per my CGA Property Investment Strategy.........
Without getting into the "which is better debate, houses or Units??", I prefer to purchase Townhouses & Villas with courtyards of 30% or greater land area thereby eliminating multi story units / high rise apartments with balcony's, for several reasons.
The mains ones being (in no particular order) -
1/ lower maintenance & upkeep for the tenant.
2/ lower purchase and entry level into a Higher capital growth suburban area.
3/ rapidly growing marketplace (starting both now & into the future) wanting these type properties. This is due the largest demographic group of people be born (being the Baby boomers and Empty nesters) starting to come into their retirement years and downsizing for lifestyle & economic budgeting reasons.
4/ greater tax deduction advantages & effectiveness thus maximising cash flow.
5/ able to hold more individual properties spread across your portfolio thereby maximising your capital growth exposure potential, plus minimising area over exposure risks by not holding all your eggs in only a few baskets, so to speak.
I hope this helps.
Without getting into the "which is better debate, houses or Units??", I prefer to purchase Townhouses & Villas with courtyards of 30% or greater land area thereby eliminating multi story units / high rise apartments with balcony's, for several reasons.
The mains ones being (in no particular order) -
1/ lower maintenance & upkeep for the tenant.
2/ lower purchase and entry level into a Higher capital growth suburban area.
3/ rapidly growing marketplace (starting both now & into the future) wanting these type properties. This is due the largest demographic group of people be born (being the Baby boomers and Empty nesters) starting to come into their retirement years and downsizing for lifestyle & economic budgeting reasons.
4/ greater tax deduction advantages & effectiveness thus maximising cash flow.
5/ able to hold more individual properties spread across your portfolio thereby maximising your capital growth exposure potential, plus minimising area over exposure risks by not holding all your eggs in only a few baskets, so to speak.
I hope this helps.