Look for a property that's immediately rentable: Tips for expat Australian property buyers

Look for a property that's immediately rentable: Tips for expat Australian property buyers
Michael LaurenceJanuary 17, 2013

Shayne Harris of Savills Australia advises expats to look for houses in good condition that can be rented immediately after settlement.

An expat can claim excellent negative-gearing tax breaks.

The tax breaks should help ease the reality that rents for top-end properties are significantly down.

Harris says that an apartment overlooking Sydney’s Circular Quay, for example, that would have rented for $5,000 in the past would now get about $2,500 to $3,000, depending on the particular property.

 

For more tips for Australian expats buying back home this summer, download our free eBook.

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