needs are small and if you ever need to quickly offload a property , this price range is the easiest to sell . There is also an abundance of tenants in this price category , so there is very little risk of your property being vacant and costing you every month while you wait to place a tenant . Bear in mind , in residential property , location is always a critical factor . The smallest , average property in a sought-after area is likely to increase in value at the same rate as other properties .
Property is a unique investment class because it is tangible and because investors are able to gear their investments with their rental income .
Through gearing , and even syndication , small investors can get started with a relatively small deposit and in time , their asset base can grow into something of significant value . A reputable estate agent can assist you in making an informed decision .
Carol Reynolds Area Principal for Durban Coastal Pam Golding Properties
SA Real Estate Investor Magazine AUGUST 2022 87