Family home VS investment property

Consider which you plan to purchase before entering the market, as these are two distinctly different purchases.

When buying a family home, you are looking for somewhere to raise a family and have friends over. It will be important to you as to which suburb you buy in, what the neighbourhood is like and which school zone the house falls in.

An investment property does not need to be in a suburb you like. Important considerations are how much rent you will receive each week and the possible capital growth of the property over time.

These are our general tips on what to consider when buying an investment property vs a family home. For specific advice tailored to you, please speak to a professional.

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