“Buy land – they aren't making any more of it” Mark Twain
Although there are no guarantees of success, putting your money into bricks and mortar to rent out is a time-honoured way to grow your wealth. Whether this is your first property investment or you've been around the block before, it helps to do your homework. Knowing your market well is a good place to start. It's worth reading all you can on buying and managing an investment property.

How much can I borrow?

At some point in your research, you'll want to work out how you can finance your investment. AMP's borrowing calculator can give you a rough and ready idea of what to expect. You'll want to consider upfront any ongoing property costs, so you minimise surprises down the track. Remember that fluctuating prices and interest rates might affect your planned return.

What is gearing?

The term gearing simply means borrowing money to invest. AMP explains how an investment can be negatively, positively or neutrally geared.

Looking further afield

If you pressed your nose up against a real estate window on holiday and you're considering investing in another state, remember that stamp duty varies across Australia. As with a local investment, it pays to do your research before you set out to invest. Now's the time to find out if there's a proposed development nearby.

Alternatives to property investment

Although investing in property works for many people, there's a host of other ways to reach your financial goals, such as shares or managed funds. You might also talk to a financial adviser about what's right for you. Your adviser will discuss any associated fees and costs before proceeding.

What's next?

Calculate how much you may be able to borrow

Important information

Any advice and information provided is general in nature, hasn’t taken your circumstances into account, and is provided by AWM Services Pty Ltd ABN 15 139 353 496 (AWM Services), which is part of the AMP group (AMP). Read our Financial Services Guide for information about our services, including the fees and other benefits that AMP companies and their representatives may receive in relation to products and services provided to you. All information on this website is subject to change without notice. Although the information is from sources considered reliable, AMP does not guarantee that it is accurate or complete. You should not rely upon it and should seek professional advice before making any financial decision. Except where liability under any statute cannot be excluded, AMP does not accept any liability for any resulting loss or damage of the reader or any other person.

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