Pros And Cons Building A Flat On Your Investment Property
Better Loan Solutions in Mornington Peninsula • Learning Centre • Insights
Better Loan Solutions in Mornington Peninsula • Learning Centre • Insights
With higher interest rates impacting investors, many buyers are looking at creative ways to boost their rental income. One
popular strategy is building an extra dwelling – like a granny flat – on the property.
While it’s not possible in all situations, there are benefits to having a second residence on the property. Here are some advantages and
disadvantages of building a granny flat on your investment property.
Use the knowledge of a mortgage broker as they provide valuable insights into the current market and offer
various lending options. Brokers can help you compare your existing mortgage and help you make informed decisions about financing or
refixing.
Australia's construction sector, with commercial and infrastructure projects reaching record levels while residential development declines.
Darren and Jenny have one child and are planning for his secondary education at a Melbourne private school. Utilising education bonds, they aim to ensure they have sufficient funds to cover all tuition fees and associated costs throughout his education.
As Australia's highest marginal tax bracket impacts more individuals, a growing number of Australians face rising tax obligations due to "bracket creep," where wage growth outpaces tax rate adjustments. This trend is expected to persist, with tax-efficient strategies the backbone for financial advice to help individuals secure long-term wealth.