Good Morning All
Highlights for today’s update
Summary:
Washington Brown’s Pulse Report on Investment-Grade Locations • The Pulse report identifies the top investment-grade locations in Australia for annual capital growth. • The top performing locations include Hillman, WA, Moree, NSW, Armadale, WA, Orelia, WA, Withers, WA, Munno Para, SA, Greenfields, WA, Elizabeth East, SA, Balga, WA, and Oakey, QLD. • The growth in Hillman reflects the price pressure in Western Australia’s capital over the past year. • The report also includes five from the overall best capital growth investment performers. • The top performing areas have above-average rental yields and yield metrics. • Over the top 10 locations, investors have benefited from depreciation benefits worth thousands of dollars. • The annual taxation benefits could range from $2,500 to over $7,000. |
Hillman, WA (up 40% to $530,000), Moree, NSW (up 35% to $330,000), Armadale, WA (up 35% to $460,000), Orelia, WA (up 33% to $500,000), Withers, WA (up 30% to $390,000), Munno Para, SA (up 28% to $495,000), Greenfields, WA (up 28% to $510,000), Elizabeth East, SA (up 26% to $478,000), Balga, WA (up 26% to $490,000), and Oakey, QLD (up 24% to $386,000) were the top property investment performers, according to the Pulse report.
Washington Brown, head said that the prices in Hillman went up because they were going up in Perth, too.
According to him the report showed the 10 best places to invest. Five of these places were also on the list of the best places to invest for money growth.
How were the locations chosen?
The Pulse report has identified the top investment capital growth performers nationwide, which also possess the ability to generate high rental yields on a quarterly and annual basis, in order to ascertain these locations.
The yields and vacancy rates of the top-performing property investment areas for capital growth were above average.
“The 50 locations included in The Pulse report were selected due to their superior rental yields; however, we also require that our nominated locations possess the necessary qualifications for capital growth.”
In the current edition of the report, 48 of the 50 locations have experienced a rise in their median prices within the past year, with 30 of these locations experiencing capital growth exceeding 10%. Furthermore, the top 10 properties have all experienced price increases that exceed 20%, in addition to offering superior rental yields.
The depreciation benefits, which were valued at thousands of dollars annually, were received by the investors in the best investment areas. He observed that the annual taxation benefits could vary from $2,500 to over $7,500 across the top 10 locations. The quantity was contingent upon the property’s type and location.
For investors in Munno Para, for instance, the potential taxation benefit could be approximately $6,200, resulting in a net benefit of approximately $2,300 to $2,800 over the past year, contingent upon the investor’s personal tax bracket.
Seize the Growth Opportunities Now!
With Washington Brown’s Pulse Report highlighting top locations like Hillman, Moree, and Armadale for exceptional capital growth, there’s never been a better time to act. These areas not only offer impressive annual price increases but also provide significant depreciation benefits and strong rental yields.
The opportunity for substantial tax benefits and large profits is too good to pass up. Are you prepared to level up your investing strategy? To find out how these high-performing areas might contribute to your financial objectives, get in touch with us now. Boost your investing potential with professional assistance from ASK Financial!
Call us at: 0433 944 055
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