Costs Involved in Investing in Australian Real Estate


Mannyrealestate

Uploaded on Feb 25, 2023

Category Real Estate

Understanding and leveraging the true potential of the Australian Real Estate market is crucial for staying at the top of the game. Real more- https://mannyrealestate.com.au/costs-involved-in-investing-in-australian-real-estate/

Category Real Estate

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Costs Involved in Investing in Australian Real Estate

COSTS INVOLVED IN INVESTING IN AUSTRALIAN REAL ESTATE Understanding and leverag6i.n53g the true potential of the Australian Real Estate market is crucial for staying at the top of the game. ONGOING LOAN FEES Just like an application fee, your home loan might also come with an ongoing fee. This fee is usually charged annually. On the other hand, some can even charge up to $400. 2 INTEREST PAYMENTS Investment home loans usually carry higher interest rates on average than an owner-occupier loan, which also means a higher interest cost. 3 PROPERTY BUYING COSTS While the above- mentioned fees apply to the home loan, there are some other costs too which must be considered while making an investment in Australian Real Estate. LANDLORD INSURANCE This policy is to protect the interest of the owners of the investment property i.e., the landlords. Landlord’s insurance works in coordination with content and home insurance. CONTACT US 3 Withers Ct, Pakenham VIC 3810, Australia +61 423 277 447 manny.singh@freedomproperty. com.au Content Resource- https://mannyrealestate.com.au/cos ts-involved-in-investing-in-australian -real-estate/ THANK YOU