Borrowing Guide
Checklists
Investment Property Assesment Guide
This checklist will assist you in determining the suitability of a property to
purchase as an investment.
| Topic:
| Notes:
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| Suburb / Location
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| Property Type (E.g. House/Unit etc)
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| General Property Condition
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| Asking / Starting Price
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| Potential Weekly Rent (Check with property managers in the area).
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| % Return (Rent x 52/purchase price)
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| Local Facilities:
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| Noise Levels (E.g. traffic, aircraft, industrial)
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| % of Rental Properties in Area
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Check Local Vacancy Rates
- Property managers
- Newspapers
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| Get an Independent Valuation of Property
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| Check Comparable Sales in Area
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| Get a Building & Pest Inspection
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In some cases depreciation will be available on the construction costs (Check
with your tax adviser).
- Constructed between July 1985 and September 1987.
- Constructed after September 1987
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| Other notes:
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This information is intended as a guide to anybody considering the purchase of
a residential investment property.
Please seek independent professional legal and taxation advice before
purchasing.