When you’re looking for your first investment property, there are many considerations that you need to ponder. Remember that an investment property is about securing your financial future.
Here’s our essential checklist for buying an investment property anywhere in Wyndham City including Point Cook, Sanctuary Lakes, Werribee, Tarneit, Truganina, Wyndham Vale, Hoppers Crossing, Williams Landing, Seabrook, and Altona Meadows.
Do your research
Searching for the right investment property takes a certain degree of research. You want to ensure that the property you buy is what local renters are looking for. That’s why you should invest some time with local real estate professionals like Established Property.
We understand the local market and are always happy to chat about our services and what types of properties local renters will snap up before they even hit the market.
Then, once you’ve found the perfect investment property, we can offer you the best property management services in Point Cook. We’ll find the best renters for the home you’ve purchased and take care of all the details for you.
Location is key
Wyndham City is a great area for buying an investment property because it’s very popular with young families. It’s possible to commute to the CBD for work while still enjoying the space and serenity of living away from the major hustle and bustle.
This is something that young families are now looking for because they’ve discovered that it’s possible to work from home and only head into the office perhaps, a couple of times a week.
Point Cook is far enough away from the busyness of the city and residents can enjoy the best of both worlds with lovely beaches, open spaces, gorgeous parklands and plenty of essential services and shopping. This makes it the perfect spot for young families.
Look for local services and amenities
Here are some of the key features that young families look for when choosing a rental property:
- Easy access to local schools, playgrounds and sporting clubs and facilities.
- Public transport that’s within easy reach.
- Comfortable family homes with no structural issues that have enough space to accommodate the family. This includes decent-sized bedrooms, good living areas and a nice functional kitchen, preferably with a dishwasher. Remember too, that neutral tones are best when it comes to interior wall and floor colours.
- Adequate climate control such as heating and cooling so that the home is comfortable all year round.
- Most renters also appreciate a home that has plenty of storage space, especially if they have a growing family.
- Low maintenance gardens so weekends can be spent with the kids rather than working in the garden.
- A nice outdoor entertaining area is also very welcomed by renters in this area so that they can have friends over when the weather is nice on the weekend.
- A home that is secure and has the added benefit of security windows and doors.
- Essential local services such as doctors, dentists, hairdressers and childcare centres.
- Plenty of essential shopping that’s easy to get to.
- A variety of cafes, restaurants and takeaway food places for times when parents are too busy to cook.
- Plenty of interesting places to explore on the weekend.
Established Property has a wealth of experience in this area and we can advise you on the types of properties that are most suitable for young families. We also offer excellent property management services in Point Cook, plus all of Wyndham City.
Talk to us
When you’re ready to buy an investment property, contact us at Established Property. Not only can we find the perfect property for you but we can also provide you with exceptional property management services in Point Cook and surrounding areas.