The Great Australian Dream of home ownership is still alive, but it’s evolving.
With rising costs of living and higher interest rates, rentvesting has become an increasingly popular strategy for getting a leg up on the property ladder.
Reinvesting is when you rent where you want to live and buy where you can afford.
Here are some things you should consider before deciding whether rentvesting is right for you.
Rentvesting can offer both flexibility and financial security. Here are some of the advantages of rentvesting:
Rentvesting isn’t necessarily a good option for everyone. Here are some of the disadvantages:
New analysis from Property Investment Professionals of Australia (PIPA) has identified the top five areas to rentvest in 2022:
But with any property search, it’s important to do your research on things like capital growth potential and rental yield.
If you think rentvesting could be right for you, speak to us and we’ll help you to explore the finance options to suit your needs.
The material on this website has been prepared for general information purposes only and not as specific advice to any particular person. Any advice contained on this website is General Advice and does not take into account any person's particular investment objectives, financial situation and particular needs. Before making an investment decision based on this advice you should consider, with or without the assistance of a securities adviser, whether it is appropriate to your particular investment needs, objectives and financial circumstances. In addition, the examples provided on this website are provided for illustrative purposes only. Although every effort has been made to verify the accuracy of the information contained on this website, Infocus, its officers, representatives, employees and agents disclaim all liability (except for any liability which by law cannot be excluded), for any error, inaccuracy in, or omission from the information contained in this website or any loss or damage suffered by any person directly or indirectly through relying on this information.