Whether you are a first time property investor or you have a significant portfolio of properties, you can benefit getting to know Property Queensland and taking advantage of the 40 years of property investment experience that our principal, Graeme Shiels, has to offer.
Finding the RIGHT investment property is where most people begin when considering property investment. But there are many issues to consider and work out before looking for a particular property.
You need to find out:
- how much you need to borrow and how much you can afford to borrow
- how much you can afford to invest
- the likely rent you can expect to receive
- your yearly costs each year, before tax
- your yearly costs each year, after tax
- which areas are likely to provide the best returns over the long term – both rentals and capital growth.
However, most investors, acting without the assistance of professional property planning, will ignore these steps and go to the web or the classified section of the newspaper, make telephone calls or send emails to local agents, inspect properties, choose the best of whatever happens to be available, talk to their bank, do some calculations and then become the owner of an investment property. This is how major mistakes can be made.
Even if all the financial, taxation and market issues are properly addressed, in the process of selecting the property, there is much that should be individually considered. And all of Property Queensland’s services provided to you are free.
The approach we take at Property Queensland is to concentrate only on new properties, (which have 100% tax depreciation schedules in place), which have been thoroughly scrutinised as being prime for investment purposes.
Purchasing an investment property is very different from buying a home to live in. There are many different factors to consider. That is why it is so important to deal with an experienced real estate agency that specialises in property investment.
At Property Queensland, finding the properties which we believe will best serve our clients needs is an exhaustive process which involves constantly searching and evaluating offerings in the market. We reject far more properties than we are prepared to recommend to our clients. Properties that we recommend must all meet our stringent criteria. Just as important is the after sales follow up that we provide. Right through to the completion of the property, tenancy and beyond.
Property Queensland is pleased to refer you to independent professionals who provide support and unbiased advice - solicitors, mortgage brokers and property managers who specialise in the property investment arena.
The 10 simple rules of property Investment are:
1. Buy brand new to maximise taxation benefits
2. Buy in a recognised developing area to maximise capital growth
3. Obtain the best finance package for your situation
4. Use a solicitor, whose practice is experienced in the conveyancing of Queensland properties
5. Obtain a Quantity Surveyor’s Report that will maximise tax deductions each financial year
6. Appoint the best property manager in the property’s area, who has your interests at heart
7. Don't sell in the short term - hold property long term to maximise return and minimise tax
8. Refinance only when necessary - not as a matter of course
9 .When listening to the 'advice' of 'friends,' does ascertain their qualifications and experience prior to taking their advice. Otherwise, their negativity may cause you both to experience a poor lifestyle in retirement.
We at Property Queensland have assembled a professional group of licensed professionals to provide you with the expertise and assistance needed to assist you in achieving financial independence. (See “Referrals to Professionals.”)
The Managing Director of Property Queensland – Graeme Shiels
Graeme Shiels is the Managing Director of Property Queensland Pty Ltd, a company based in South East Queensland which specialises in the marketing and sales of residential investment properties in Queensland, both direct to its client base and prospective clients, and through its network of intermediaries.
Graeme is uniquely positioned as an experienced and highly qualified property consultant, with extensive experience and the highest levels of commitment to service. His experience and achievements in Sales, Marketing and Sales Management in the property industry over more than 30 years have been second to none.
Graeme has specialised in the real estate industry in ‘hands-on’ roles, having set a number of sales records in the property industry.
Property Queensland also provides regularly updated research on the state of the Australian Property Market for the benefit of their clients, prospects and agents. The resources we draw upon for our research material includes:
- Australian Bureau of Statistics
- BIS Shrapnel
- Real Estate Institute of Australia
- Real Estate Institute of Queensland
- Reserve Bank of Australia
- CommSec
- Matusik Insights
- ANZ Bank
- Westpac
- Herron Todd White
- RP Data
- Residex
- Local City Councils
- The Australian Financial Review
Location - is an obvious, yet key factor to investment success, we investigate areas within areas showing high demand and population growth, high future growth, expanding infrastructure, a history of growth and within close proximity to schools, restaurants, shopping and recreational facilities.
Rentability - is another of the important factors we look at when assessing properties for our clients. The property must fulfill the target rental group's demographic and economic situations, needs and capacity.
Value for money – we compare properties to similar properties in equivalent areas or geographical locations to ensure we have an accurate idea of the true value of a property including the house and land sizes and specifications included.
Properties and their developers - the properties and developers we choose to work with have proven high levels of quality assurance and enjoy a strong market reputation. They are scrutinized closely and all have a high level of proven quality and sound returns demonstrated from previous sales and developments.
We have many years of experience in helping our clients, both in Australia and overseas, to enjoy the results of investing in property.
Contact us now to see how we can assist you!
Contact: Graeme Shiels
Position: Managing Director and Real Estate Licensee
Property Queensland Pty Ltd
ACN 087 234 482
Telephone: 0417 725 168
Fax: 07 3294 8636
Address: 68 Carlock Prm Karalee QLD 4306
Email: shiels@bigpond.net.au