10 . FUTURE PLANS
For those investing in an estate , it ’ s worth finding out from the developers about plans for the future . It ’ s important that the area doesn ’ t become too overbuilt , and that there is a long-term vision for the development . Constant upgrades and an ethos that prioritises the residents ’ wellbeing over profit will ensure this is a valuable investment .
09 . VALUE FOR MONEY
With the rising cost of living , the property ’ s value for money needs to be factored in , alongside the ongoing costs related to the unit . Find out about the levy and rates costs and what is included with these , as they should cover maintenance of communal areas , security , gardens , and more .
Sam Wegner Development Director Serenity Hills Estate
SA Real Estate Investor Magazine AUGUST 2022 75