Real Estate Investment Real Estate Investing Guide for Beginners in Newca | Page 10

Commercial property yields are also affected by bank interest rate changes. If bank rates go up, commercial property yields increase. This in turn lowers the value of a commercial property. Attending commercial property Newcastle auctions can also give you a better understanding of price. You’ll also gain experience in how bidding works and learn how not to bid more than the value of the property. Know the Market Rent It’s very important to be realistic about the rent you can achieve from a property. Find out what other properties are renting for in the area. Speak to the tenants, owners and valuers and real estate agents. Think long-term growth Investment in property is not all about rent. A good commercial property provides both income and capital gain. It is worth investigating how much your property is likely to rise over the medium to long term. Look at historical and forecast rises for properties in the area as well as properties of the type you are considering. Talk to agents and read property reports to get this data. Economic and social factors driving demand for property are also key to capital gain. These include population growth and demographic changes, interest rates, and infrastructure development. Speak to your lender Financial institutions have different requirements when lending for commercial property as opposed to residential property. Normally they lend a lower proportion of the value of the property than they do for residential. Before thinking about investing, speak to your current financial institution and other lenders to understand the finance options are available to you. After considering all these tips, you can choose the best commercial property according to your requirements. For ex: Buy Now!! Minimal 2 Bedroom Apartments Remaining Property Features  Category : Land/Development  Land Area:2  Tenancy: Vacant Property Description Nestled in a boutique area, this remarkable release of 2 bedroom apartments consisting of 1 or 2 bathrooms combines vibrant beach side lifestyle, spectacular outlooks and uplifting green landscapes with beautifully finished living spaces. Located in Whitebridge's growing centre and just metres from the 15km Fernleigh cycle way. Family friendly living and low-key opulence is the forefront of The Dudley Apartments philosophy. It is a masterpiece of design and low maintenance living has never been so easy. * Strong rent returns * Depreciation schedules available * Government Incentives when purchasing off the plan