Choosing an investment property

During a slow time, or recession, homes are typically preferred by investors as it is a lesser risk and in time the market will generally return. Property is a daily requirement, as is food and water, and people will always require rental properties. There will always be people who cannot afford to live in their area of choice, or have circumstances which do not allow them to purchase their own home.

Your Sales Agent can guide you with matching homes with your requirements, and your Propety Manager is able to guide you with marketing and managing your investment property.

In my experience, the features below are the most common that I have found our tenants to be searching for in a rental property.  This list is intended to give you a guide to compare how attractive the property that you are viewing would be to potential tenants.

To help you choose the property to best suit your investment requirements, we have below a score card for you to use when viewing properties.  A property should score greater than 80%.  If you score less than this, you may wish to review your property choice.

	Maximum points allocated	Your score
GPO/Major business centre	2 points
Education/Health/Retail	4 points
Public Transport (bus& rail)	2 points
Parks within 5 mins drive	2 points
Your total:

	Maximum points allocated	Your score
Easy access to public transport	2 points
Air conditioning/fans	4 points
Small fenced garden/yard	2 points
Modern kitchen	2 points
Dishwasher	2 points
3/4 large bedrooms	4 points
Built in bedrooms/kitchen	2 points
2 modern bathrooms	4 points
2 Car accommodation	4 points
Outdoor area	2 points
Pool & compliant fencing	4 points
Close to schools/shops	4 points
Close to highways	2 points
Phone/Internet connection	2 points
Storage space	2 points
Security screens	4 points
Your total:
For units – add:
Gated community	4 points
Secure building/swipe entry	4 points
Water/river/city views	2 points
Your total: