Like most people living in Australia, you are probably thinking about investing in property. With homeownership tax benefits like negative gearing incentivizing people looking to buy a home, and a housing market growing by the day, it’s the perfect time to get your house.
Whether you are looking for a first home, a forever home, or an investment property, it’s always best to get advice from experts. Instead of facing the daunting task by yourself, get the proper help from the leading real estate agents in Point Cook, Victoria.
Here’s Why You Need To Enter The Housing Market Now
Growing market
Australia’s housing market is on the up. With many experts expecting the trend to continue, it makes sense to get in while there is some level of affordability. There is no use waiting if in the future, the potential forecasted price rises mean you are unable to get your dream place or property.
Tax benefits
Many people have taken advantage of Australia’s tax benefits associated with property investment for years. Negative gearing allows homeowners to offset the cost associated with their homes, like maintenance or rates, against yearly income. While the system has come under scrutiny by some who believe it’s pushing up prices for those who do not have homes, it makes buying a property even more enticing. Pay less tax, and have a property that could help you retire early. It’s a win-win scenario.
A place to call home
While there are certainly other worthy investments, if you buy a home, you will always have a place to live. Life is full of uncertainties, and one never knows what is going to happen, even on the next day. By owning a house, you will always have a safe place to rest at the end of the day. As the owner, you can decorate the house the way you want it, and no one can ever tell you to leave.
I’m sure you knew it was a good idea to buy a house before reading this, but now you know the reasons why. If you want to know more, contact Established Property, the leading real estate agent in Point Cook, Victoria today.
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