Investing in beach side properties is a lifestyle decision that many Australians appear to be making. The Australia’s strong economy has withstood the global recession being experienced by many OECD countries during 2001 and 2002 thus interest rates have remained stable in general in the last 5 years notwithstanding recent rate rises.

Prices have continued to been determined by two factors:
a) Proximity to city and
b) Proximity to coast.
The biggest beneficiaries were those who owned property in Melbourne’s inner or bayside suburbs, or on the beach side properties located close to the city.

One area in particular is the Bass Coast region of San Remo, which offers stunning island, ocean and bay views, with a cliff top outlook that affords an idyllic getaway opportunity for landlocked Melbournians searching for the serenity of a coastal town. Bay views, beach walks, wineries and the explosion of golf clubs and resorts strongly support the growth in interest for beach side properties.
The following are reasons why beach side properties are booming:
a.    Families growing interest in owning beach front properties for holidays.
b.    Easy freeway access and by-passes that reduce travel times.
c.    Local councils support for tourism-based infrastructure.
d.    Increasing housing level quality and new.
e.    Development of resort style properties ready with family.
Appreciating population, tourism rental prospects, declining household sizes and rising incomes ensure that demand for dwellings constantly outpaces supply and prices continue to rise.
Investment options in these locations range from buying your own holiday house for your own personal use, to buying a holiday apartment which provides a year round rental return. If you hope to negatively gear your holiday house remember you can only claim tax deductions on the period the house was actually occupied by tenants throughout the year, a common mistake made by many aspiring investors.
Beach side property investment continues to attract plenty of Australian investors. This trend is set to continue as more and more people join the bandwagon attracted by the lucrative prospects that beach side properties offer. Most beach side properties like other real estate investments appreciate in value with time, this means that a timely and prudently done investment in this sector will afford an investor gainful returns for a long time.

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Rental real estate property ownership seems to be gaining popularity as investor’s grow weary of the dives and swoops of the stock market. What is evident though is the fact that not everyone has what it takes to be a landlord. Those that do may find rental real estate an ideal way to build wealth.
Once you decide to invest in rental property, your real work begins. Locating a lucrative rental real estate property typically takes time, connections and a lot of research.

Tips to get you started:
Recognize your time horizon
Similar to most other investments, you need to have a good idea of how long you plan to own a rental property before you purchase it. The longer you plan to own the property, the more you’ll probably need to invest in maintenance, repairs and improvements.
If you intend to keep it for 20 or more years, then at some point you may be going to be putting a new roof on that property. You’ll definitely put in new appliances and doing some major repairs. Therefore, if you’re only planning to own a property for 5 years, by contrast, you’ll probably want to avoid making any major improvements unless you’re sure you can recover the cost with a higher resale price.
Shorter time horizon may also expose you to more investment risk. Though your rental will almost certainly appreciate over twenty years, it may as well easily lose value in the next five years, chiefly if you’re buying in a worked up market. You may need a bigger potential yearly return to cover up for that risk.
For most small investors, longer-term rental ownership makes the most sense, you’ll have plenty of time to ride out any market swings, and rental income can make a nice supplement to your day job. Find enough rental properties, and being a landlord may become your day job.
If you intent to get a loan to finance your rental property ventures, then ensure that your credit is low, since this gives you better prospects of getting a decent loan, higher consumer credit is highly discouraged.

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Investing in property is one of the most important investment decisions a person can make in a lifetime. Having a shelter is humanity number one priority, irrespective of whether it is owned or rented. Owning a house means that you not only have shelter for your family but also an investment vehicle. A house can be used as a vehicle to built wealth. But before buying a house, you should read the following tips carefully. These will ensure that the house you buy has a good resale value.

The most essential factor in real estate is location. This is because land is heterogeneous and immobile. That means that you cannot move your house if it’s located in a bad location to somewhere different, and since you can’t change location, you should give it careful consideration. The guiding principle in deciding location is to go for location that is incorporated and thriving.

This could be in an area that is experiencing good growth rate. Infrastructure should be highly considered, a locale with planned economic progress, good transport network, and local government. A good example would be a house in city suburb that is growing towards a major cosmopolitan area with plenty of economic activity. You can use the internet to locate such areas, try to steer clear of airports, railway tracks, and industrial zones.

Another essential factor is the neighborhood and crime rate statistics, this means that you should aim for safe and organized housing community. Locating your home in secure and well maintained neighborhoods will give it high resale value. Most housing community have homeowners Associations established with the mandate of looking after the community.

Home owners associations are important because they impose treaties on their community, and ensure that there is proper maintenance of the homes. You should therefore avoid run down neighborhoods. An area crime rate statistic can be found from the local police station. Other factors you should consider include: home structure and appeal, and schools.  Sticking to the above measures will ensure that your house has high resale value should you decide to sale at a future date.

Investing in property will involve making a decision on where to live is one of the most important things we make/have to make in a lifetime. Whereas some people prefer to own their own property, others prefer to rent - this is of course depended on a person’s financial muscle. Nonetheless, there are also people who prefer to both own and rent properties. Such people live in the apartment building they own and rent out the rest of the apartment. Finding an ideal place to live in is a serious task that requires good research and background information.

The most recent in hip is the revamped farmhouses that have been divided into many apartments. This way the residence might look like a big old house from the outside as it has one main entrance but from the inside you can see that the house is split into separate apartments. From my point of view investing in buying a refurbished house is a great investment decision. Typically the mortgage is cheap so consider taking one in order to realize this great investment plan. Not only will you be able to pay back the mortgage but you will also make a profit from the income you will receive monthly from the renters.

A more conventional apartment building is a large square one with long hallways on each floor and many identical apartments. Some people consider living in such a building an adventure but a risky one. The traditional apartment building has three stories and from fifteen to thirty apartments. Of course, living on any level has its own pros and cons.

In case you live in a lower level apartment you will hear your upstairs neighbor’s footsteps. If your neighbors’ above have kids then it could get rather noisy. Thus, it might be better to live in the upper level of a building, though you will have to climb stairs or take an elevator to get to your house. The worst case scenario is to live in a middle apartment in a large apartment building as not only will you have noise from above and below but you will also have to climb the stairs or use lift, as well.

Love life, not just the weekends. You only have one life, Live It! @ www.NicciAndLee.com