The main benefits of investing in residential or commercial property include:
- Capital gains – An increase in the value of your property over time thanks to a rising property market, or improvements you’ve made to the property.
- Rental yield – The annual rental income you receive, less maintenance and mortgage servicing costs.
- Tax advantage – In some cases, savvy investors can gain tax advantages through negative gearing, whereby they can deduct the costs associated with owning an investment property from their overall tax bill. Please consult a taxation specialist for advice on your own situation.