Apa Beza Penutup Botol Air Warna Hijau dan Putih ? Jangan Terkejut Bila Ramai Orang Tak Tahu...






Do you possess enough money to make an investment in real estate?


new investors are always asking how much cash they need to buy a property, but there’s no one-size-fits-all with real estate.
Domain spoke to some of the leading property buying experts to find out what they would recommend when getting started.

The Dimensions of the deposit and costs

The most important consideration for most first-time investors is how big their first deposit should be. Whether actually, it’s in savings, or in the form of equity in your own home, this can be a difficult question to answer.
While many experts suggest property buyers save for 20 percent of the price of a house, it is possible to enter the market with as little as a 5 percent deposit, Zoran Solano, senior buyers agent from Brisbane-based Hot Property Specialists said.
But an investor would also need enough to cover purchase costs, such as a building and pest inspection and conveyancing fees, and stamp duty. Depending on the property, this could be a hefty sum.
For instance, given there are many homes in Queensland for under $400,000, an investor could consider saving $20,000 deposit plus the funds needed for costs as a “benchmark” before they look to buy. Stamp duty on a $400,000 established home would be about $13,500.





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