Investing in property is one of the most common ways for people to create wealth. In saying this, it’s not an easy step to make and can often be quite overwhelming.
Whether you are a first time property investor or a seasoned investor, we are a team of specialists who are here to support and guide you every step of the way.
Joyce Property Investments is one of Perth’s most trusted property investment companies, as we continue to leverage our valuable relationships with industry experts to assist our clients and help direct them towards making profitable investment decisions.
Knowing how to successfully position your investment property is something that is so crucial to get right. At Joyce Property Investments, we know the Perth property market inside out. We’ve mastered the factors, trends, and issues that impact investment in the property market, so our recommendations are always backed by facts, in-depth research, and analyses.
Focus on successAt Joyce Property Investments there’s nothing that makes us feel more fulfilled than seeing our clients investments generate wealth. We want you to succeed and hence treat every investor's property portfolio like it’s our own.
Reputable team of expertsJoyce Property Investments are active members of the Housing Institute of Australia, the Real Estate Institute of Western Australia, the Real Estate Employers Federation and the Chamber of Commerce and Industry. When you partner with Joyce you are partnered with a property investment expert who understands the Perth property market and how to achieve exceptional results.
Market knowledgeOur team of real estate experts are constantly researching and analysing the property market, looking at the latest industry news and developments. When you partner with Joyce, you can rest assured knowing that we will provide you with in-depth, fact based analyses to guide you through your investor journey.
Frequently asked questions
Property is one of the most popular investment asset classes and everyone has the opportunity to build their wealth by investing in it.
To ease you into the world of property investment, here’s a list of frequently asked questions we put together.
Any property investment based on sound decision-making is an excellent vehicle for growing your wealth. If you find a potential investment property in a location that’s already established or is being developed, you can look forward to not only rental income but also significant capital appreciation in the long term.
Property investment is not something you can do in the short term and expect to see gains right away.
It requires time and patience. You need to have a profound understanding of market fundamentals to understand that investing in real estate as part of a get-rich-quick scheme (such as flipping) usually does not work.
This is why property investment is not for the emotional and faint-hearted. All your investment decisions should be based on facts and current market conditions.
To get a better understanding of the property industry, you can always do your own research and consult investment professionals in the field. This way, you can appreciate the wealth-generating opportunities that come with property investment and see if you’re prepared for the risks and rewards that come with it.
Deciding to invest in property is easy enough. However, prior to investing, you need to cover some important items — and by this, we’re not only referring to your financial standing and financing options.
Any type of investment carries inherent risks, so you need to prepare and do some research before diving in. When we partner with investors we generally start off by asking the following questions:
What are your investment goals? Do you plan on investing in property to prepare for your retirement, or are you looking to generate income to augment your earnings?
Are you comfortable with the risk involved in property investing?
Will you be investing all your savings or getting financing? If your choice is the latter, how do you plan on paying back your loan?
How long is your investment time frame? Are you looking to make quick profits, or are you investing for the long term?
Do you have investments elsewhere?
What will be your strategy if prices go up, stagnate, or go down?
You may be able to answer some if not all of the questions by yourself right away. However, to get some clarity, you are more than welcome to contact one of our property investment experts before making a decision - that’s what we are here for - to support and guide you.
Sometimes, there are market conditions that make property investing easier — such as when there’s a buyers’ market, and you can expect to regain your investment in a few years when the market rebounds.
However, you must be judicious in your investment decisions, regardless of the market conditions. You’ll need to look at market rental averages in relation to the location and condition of your investment property prospect.
You should also know who your target tenants are and what they need. You have to calculate for the income potential of your target investment property and factor in the costs of making it attractive to your prospective tenants. You also need to allocate a budget for maintenance and repairs.
In order to target the best property investment opportunities in the market, it’s essential to consult your property investment advisor. They are the best people who can help you navigate the intricacies of the property industry. Speak to our expert team today.
If you’re looking to purchase a house as an investment property, you’ll typically need to have 20 percent of your target property’s value on hand for the deposit.
With this amount ready, you’ll have an easier time borrowing the remaining amount. You can also expect to get better deals from lenders and avoid the need to pay lenders’ mortgage insurance.
However, to obtain a commercial property loan, there is, understandably, more documentation required. In general, you’ll be asked to furnish details of any existing lease and your proof of income. You will also be required to show how you can maintain the property and make repayments, and provide details of the property itself, including its location, asset classification, and valuation.
Moreover, most lenders require borrowers to provide a minimum contribution of 30 per cent to qualify for a commercial loan.
Whichever type of property you plan to invest in, it’s best to consult a trusted property investment or financial advisor, accountant, mortgage broker, or solicitor before finalising your decision. Thinking of investing? Contact our friendly team today.
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