Sydney Property Development | Property Investment

How To Get a Great Rate of Return with Property Development Australia

A new home can make money if you buy it cheaper than you later sell it for. There are plenty of ways to do this right. It’s more or less up to you to find a deal and the following guidelines can be followed to help you.

A development property should be cheap enough that you can pay to fix it up after you buy the property. Then if you can get more out of it in the home market in your area when you’re done fixing it up, you can make sure that this was worth your money and time. Don’t buy a home and expect it to sell right away, however, and also don’t use the last of your money expecting to make it back and then some. The market can go up and down, so you may need to wait a while.

How do you know if you can make more money than you spent? You should try to see if you can get your property valued as if you had it in nice shape. See what kind of value things would add by looking at similar homes in the same area. If you find that any improvements are not likely to help with the value, then don’t do them. You won’t always get this totally right because buyers may not be available for your price range at the time, but eventually you can get down a system that works for you.

Buying a new home to get a nice return is not that difficult if you just think through it carefully. The keys are to do math to see what it will cost to fix up and to wait until the market is going to be good to sell in.

We have the inside track on property development in the Sydney region. Get advice on planning restrictions, development potential, sales revenue and much more.

We love our customers and welcome your feedback and suggestions. Use our Contact Us page to tell us what we’re doing right or what we can improve on.