If you’ve been busy saving for a deposit, you might be wondering about the pros and cons of buying a first home vs an investment property. While owning your own home has long been considered an Australian dream, there are many advantages in purchasing an investment property to rent out to someone else. Let’s take a look at the benefits of each approach.
Buying a home to live in is appealing for many reasons:
On the flip side:
Buying an investment property requires objectivity and lots of research. On the plus side:
It’s also worth noting that:
Choosing whether to buy your first home or an investment property isn’t clear-cut. G.J. Gardner Homes can help you weigh up your options, and give you advice on building a dream home for your own use or partnering with us for your investment project.