If you’re like most people, developing your property is a vehicle for wealth creation. Your objective could be the short-term use of funds to minimise tax, wealth creation for immediate or later use (superannuation), income generation (rental) or a combination of these. The fact is, investing in property has historically been an excellent investment – according to REIWA, the median price of a home in Perth has risen from under $200,000 in 2000, to over $450,000 in 2010.
As specialists in property development, Stratawise can help you get the most out of your subdivision. We want to make sure that the outcome is exactly as you wanted it to be, and the process is as trouble free as possible, so you’ll be keen to do it all again! We’re here to help navigate your way through the many issues you’ll need to be aware of when investing in property, but to make sure you get the best financial return, you should talk to your accountant or a financial adviser.
Some of the issues you’ll need to consider are: