When it comes to starting or expanding a property portfolio, many investors think building a new home is too complicated.
Concerns about timelines, budget management, and construction knowledge often make new builds seem more complex and risky compared to buying existing homes.
However, with proper guidance, new home builds can be a great opportunity for investors.
The advantage of new builds for investors
Savvy investors often save time and money by considering new builds early on, according to Daniel Hubbard, Group Manager of Investment at Metricon.
“People often think it’s more complicated than it really is,” Hubbard says. “When you don’t know how something works, it can cause hesitation, and that’s when people put the idea aside.”
That’s where Invest by Metricon comes in, challenging perceptions around building investment properties and making the practical process easier.
Picking the perfect investment property doesn’t have to be an arduous task.
“It’s an empowering service for people who are interested but aren’t sure how to do it on their own,” Hubbard explains. “With understanding comes confidence, and they realise it’s more accessible than they thought.”
Invest by Metricon: 3 benefits for investors
Invest by Metricon makes property investment simple and enjoyable. Whether you already own property, want to get onto the investment property ladder, or are looking to build wealth and achieve financial freedom, they show you how to take control.
1. Homes are ready to rent
Their homes are rent-ready from the day you get the keys, offered at a fixed price with no hidden fees. Tenants will be eager to live in your new Metricon home.
2. Relax and watch your investment grow
With an end-to-end process, you can be as involved as you like, with only a few touch points where your input is needed.
3. Accessible to everyone
Investing in property isn’t only for the rich. Metricon makes it more accessible than you might think.
A real success story
One such person is Balraj Singh, who is using property investment to create a nest egg for his family and retirement years.
After acquiring established investment properties, he contacted Metricon to “see what they had to offer” and find out if building a new home was the right move.
“Daniel came to my place and we had a quick meeting. He showed me how the strategy works, including figures and tax benefits, the rules and regulations.
They’ve got a team built up for all these purposes, it felt easy,” Mr Singh said.
With a truly end-to-end service, investors can have peace of mind with Metricon’s expert team.
The Metricon team found a block and then built the home themselves, which Mr Singh said took the stress and legwork out of the process.
In fact, he found the experience so streamlined that he has now built two investment properties with Metricon and is in discussions about a third.
“It’s way easier than you going out hunting to find the right land and the right builder, and trying to figure it all out,” Mr Singh said.
“They have everything designed to suit an investor, not just for building your own house to live in yourself – it’s perfect for what you need and you learn how the depreciation will work. You know the schedule for 40 years,” he added.
Building to invest: Key differences and benefits
Mr Hubbard emphasised the importance of choosing a builder that specialises in investment properties, as the considerations are different to what an owner-occupier would be looking for.
“Invest is a big difference to our traditional business, which is about people walking into a display and buying a home. Here we take a giant step back and go, ‘Right, let’s look at the strategy’,” Mr Hubbard explained.
“Let’s understand how it works, how we unlock our equity. What’s my cash flow position going to be? What are my out-of-pocket expenses? Really understand the numbers and the strategy.”
Once that box has been ticked, Mr Hubbard said the next step is to look at property locations. “It’s obviously a completely different set of considerations than if you’re buying your own home,” Mr Hubbard said.
Creating homes that appeal to tenants, investors can sit back and enjoy life.
Comprehensive support
Metricon’s investment team provides a full end-to-end solution, from understanding the strategies and mechanics of how to invest, to the location and type of property, as well as finance considerations including rental yields and capital growth.
“Apart from the tax benefits, one of the big benefits of building new is being able to build literally from the ground up and control all the factors along the way,” Mr Hubbard said.
“You get to choose the location – we target great developers doing masterplanned communities – and you get maximum tax benefits from a new property.
Then, of course, you’ve got very little maintenance on a new home for many years to come. Once they get it and they see it working, they can see a vision for the future.”
Ready to invest?
Invest by Metricon offers homes that are ready to rent out from the day you get your keys, with a fixed price and no hidden fees.
Their expert team offers comprehensive property investment education and insights, assists in developing your property strategy, conducts location analyses, and finds tenants while managing the tenancy for you.
They deliver homes with immense potential, providing a truly end-to-end service.
To learn more about this service from Australia’s biggest builder, visit Metricon or enquire using the form below.