There are many factors to consider when purchasing a property.
One key decision to make is whether you are going to purchase the property as an investment and rent it out, or live in it yourself as an owner occupier.
If this is your first property purchase, the First Home Owner Grant offers an incentive to live in the property yourself. The HomeBuilder Grant is also available to owner occupiers who meet the specified criteria.
Then there is the First Home Owner Deposit Scheme, which is designed to enable eligible first home buyers to purchase a home with a deposit with as little as 5 per cent.
Historically low interest rates also benefit anyone purchasing a home right now, whether as a first home buyer, someone wishing to downsize from a larger family home, or purchase a second home or investment property.
Purchasing a property as an investment means that you own an asset with the potential to generate income, enable tax deductions and achieve capital growth over time.
Apartments offer a lower average purchase price than houses, with the added advantage of a higher rental yield in most cases.
URB4N Apartments are appealing to a diverse range of possible tenants including students, young families, singles and couples, as they offer two bedrooms and two bathrooms, secure parking, elevators to all floors and much, much more.
Located in a sought-after location near transport, schools, shopping, and lifestyle amenities, an URB4N Apartment is an exceptional investment, whether you choose to live there yourself or rent it out to generate an income stream.
With URB4N Apartments starting from just $399,000 and historic low interest rates on offer, plus up to $30,000 in government grants available for eligible purchasers, apartment living has never been more accessible. URB4N also offers the most affordable strata fees in Adelaide.
If you would like to know more about the many lifestyle and financial benefits of buying an URB4N Apartment, please contact Constantine Pappas on 0423 047 020 or ua.moc.hr.yelnu@sappap.noc.
