Constructing a new property can be a smart choice, as investing in new house and land packages offer numerous advantages for investors.
Surprisingly, a large majority of Australian property investors don’t look past an established property when considering a purchase. However, choosing a new house and land package offers tax benefits, strong resale potential, tenant appeal and reduced maintenance costs, making it an attractive option for property investors.
One of the most significant benefits is the ability to claim tax depreciation. New properties typically allow investors to claim higher depreciation on the building and fixtures, providing substantial tax savings that enhance overall returns.
Resale value is another critical factor. New homes tend to appreciate more quickly and attract higher resale prices due to their modern designs, contemporary features, and compliance with the latest building standards. This makes them a solid long-term investment, providing significant capital gains.
Many investors over capitalise purchasing an existing house when they add renovation and repair costs.
For investors aiming to attract tenants, new properties are particularly appealing. Tenants are often drawn to new homes for their modern amenities, energy efficiency, and lower utility costs. This leads to lower vacancy rates and higher rental yields.
Maintenance costs are generally lower with new builds. With everything being brand new and under warranty, investors can avoid the costly repairs often associated with older properties. This also removes the need for renovations, saving both time and money. Appliances and fixtures also fall under depreciation claim.
Many investors over capitalise purchasing an existing house when they add renovation and repair costs.
New homes can be designed for purpose. Investors want homes that are intentionally designed for higher yield. That’s why DPN has designed a range of dual income and duplex designs, available as house and land packages to be built in high growth areas.
Investing in a new house & land package offers