Property investment is an excellent way for Australians to generate significant income for retirement. According to the Australian Bureau of Statistics, the average retirement age has increased to 56.3, which is due in part to fewer savings. Finding a long-term, lucrative strategy to save for your golden years can help you retire earlier and more comfortably. At The High Yield Property Club, our Rooming Houses have the power to transform lives. Generating an 8%+ return and 90K per annum, they make saving for retirement easy.
Unlike other property investment companies that offer properties far from the city centre, our Rooming Houses are built in the prestigious Brisbane City Council area. This prime location, paired with numerous tenant opportunities, makes our High Yield Properties a popular choice for knowledgeable investors. In this post, we’ll explore the best retirement planning investment for steady income in Australia and review the top 8 criteria to follow when choosing a property investment.
Learn how you can enjoy an 8%+ return with our FREE High Yield Property Masterclass.
Best Property Investments for Retirement Income in Australia
It’s no surprise that there are numerous types of property investment opportunities in Australia. In fact, with so many options, it can be challenging for investors to know which one to choose. Two of the most common are residential rental properties and Rooming Houses.
Residential rental properties are popular among investors since they produce relatively stable rental yields. They also have a good potential for capital appreciation as the housing market grows. However, due to their high upfront cost and limited tenancy opportunities, many investors find that standard residential properties don’t provide enough profit to adequately save for retirement. Next generation Rooming Houses are quickly becoming the best go-to choice for investors.
While they look like a typical residential property from the outside, the interior can house up to five tenants. Unlike traditional properties which only bring in a singular income, you can enjoy revenue from five sources. The High Yield Property Club’s Rooming Houses location within the BCC area ensures they receive the highest revenue so you can enjoy significant returns. In fact, our Rooming Houses generate up to 90K per annum, making them one of the most lucrative investments in Australia.
We understand your goal is financial stability, which is why our Rooming Houses are built to last, from quality materials and finishes. You don’t have to worry about finding a property and renovating it; we build your Rooming House on your land for added peace of mind. Choosing a retirement planning investment is one of the most important financial decisions you’ll ever make, so choosing a property proven to deliver significant profit is key.
Top 8 Criteria for Choosing Property Investments & Planning for Retirement Income
With retirement planning, investing in the right property is crucial. These ten criteria can help you choose the right property and get the most out of your investment so you can experience financial freedom during retirement.
- Location – No matter how beautiful the property, it won’t generate the highest return if it isn’t in a sought-after location. Choose an area with a strong rental demand and high potential for capital growth, like the Brisbane City Council area.
- Property Type – Consider which type of property suits your investment goals. It could be traditional, residential, or specialty like Rooming Houses. High-yield properties ensure you get the most out of your investment, allowing you to gain maximum profit with minimal effort.
- Property Condition – While it could be tempting to choose a property that needs work to save money, it can lead to serious financial hardship. Purchasing a property that is built to last and is in good condition provides peace of mind. The High Yield Property Club builds the highest quality Rooming Houses that are built to last. When you purchase one of our Rooming Houses, you’re not only investing in your future but your family as well.
- Market Trends – As an investor, staying informed on market trends and potential changes is crucial. Brisbane’s housing market continues to see unprecedented growth as demand increases. Rent on new tenancies in the BCC area increased 17% in the last twelve months. Simultaneously, housing prices are expected to rise 9% to 10% in 2024. Much of this growth is due to two factors: a massive Queensland population boom of over 1.3 million expected by 2041 and an $88.7 billion four-year scheduled building program.
- Financial Stability – Selecting a property that generates stable income will guard against economic fluctuations. Our next generation Rooming House-style micro apartments hold five tenants, which provides added peace of mind and protection from market downturns.
- Tenant Profile – Your tenants are the lifeblood of your investment, so considering the type you want to attract will determine your overall success. Choosing a property that draws reliable, long-term tenancies will help ensure consistent income. The High Yield Property Club’s tenants are employed singles, Queensland’s fastest-growing demographic. Single-person households are projected to increase from 23.4% to 40.5% by 2046, which is great news for Rooming House investors!
- Tax Implications – Maximising your tax benefits will help you get the most out of your investment. Since our Rooming Houses have an exceptional tenancy rate, you receive strong tax benefits on your depreciation schedule. With numerous fittings and fixtures, investors receive substantial tax depreciation benefits, which offset the cost of maintaining your property over time.
- Exit Strategy – As with any investment, a good exit strategy is essential. Decide whether you want to sell your property or pass it on to heirs. Rooming Houses offer the best of both worlds, as their high market demand in Brisbane makes them sought-after by investors. Additionally, they boast high yields and low out-of-pocket expenses that can provide for your family for years to come.
The best property investment choice when planning for retirement is one that offers strong return yields, financial stability, and the potential for capital growth. Using these guidelines, you can choose a property that will provide financial security during retirement.
The High Yield Property Club is proud to offer our FREE Rooming House Masterclass that shows you how to start earning 8%+ return on your very own Rooming House. You can have the financially stable retirement you’ve always dreamed of with a beautiful Rooming House from The High Yield Property Club. Contact our team at 1800 10 100 today.