It seems that lately there has been a surge of interest in the world of investing. Property investment is nothing new and for good reason. Today we will share with you some of the reasons why townhouses are good investments.
First Home Buyers
Townhouses are a great investment option for first home buyers. This is due to a variety of reasons that work in conjunction to result in decent capital growth. For example, townhouses are cheaper than standalone homes and are typically built in central city locations. We all know the importance of location, location, location; so this is self-explanatory on how it will generate you wealth. Standalone homes technically grow in value faster than townhouses because of more land, but the percentage growth is so minor it is almost negligible. For example, in Wellington, standalone homes only grow in value by 0.1% more than townhouses. As a result, because of their similar growth rates and more affordable price points, townhouses are a good investment.
Long Term Gains
Townhouses are a good long-term investment. This is because they usually have a steady growth in value and feature decent rental yields. As such, many people will invest in multiple properties and have their tenants pay off the mortgage. Furthermore, as the world’s population rises and land becomes more scarce, it will only serve to increase the value of your property over time. The best time to invest in property was yesterday and the next best time is today.
Where do we come in?
Williams Corporation strongly believe in creating wealth through townhouse investment. Our townhouses are built with high quality materials to ensure the value of your property continues to grow. We have a range of one to three bedroom townhouses in prime locations across New Zealand and Australia. We have a fantastic team of helpful client consultants, with many being property investors themselves. We want to help you make smart investments and work towards the life you want to live!