Investment property is real estate property that has been purchased with the intention of earning a return on the investment, either through rental income, the future resale of the property or both.

-- As explained in Investopedia

https://www.investopedia.com/terms/i/investment-property.asp

At Byron Bay Valuers, we provide certified valuation and assessment advice for all legal purposes, including Family Law, boundary disputes, compulsory acquisition matters, partnership dissolution, building disputes and other property disputes. In some instances, the Court appoints us as an expert to be appointed jointly by the parties. In other instances, the Court appoints us as an expert to be appointed for one of the two parties. Either way, we have you covered!

Often property is transferred between related parties.  For instance the child of a parent purchases their dwelling.  Or a brother sells a farm to his sister.  Or you buy an industrial unit from an elderly Aunt or Uncle. At this time to avoid the worry of other family members it’s a good idea to obtain an independent valuation or a Related Party Transfer Report. At Byron Bay Valuers, we can provide an current market independent valuation or a Related Party Transfer Report of any property. Simply call 0431 245460

It is important for homeowners to ensure that they have property protection by insuring their property for current reinstatement value. This can be done by getting a valuer to undertake an Insurance Assessment.

Another advantage of obtaining an Insurance Assessment from an independent Registered Valuer is to avoid paying too much for insurance premiums. For strata titled properties such as units and townhouses, this is now a legal requirement.

We can provide you with an Insurance Assessment. Simply call 0431 245460 to arrange an inspection.

"BLAME the celebrities with multi-million dollar pay packets who keep moving into the area, but housing stock in Byron Bay and beyond certainly isn't getting any cheaper.

In fact, if you'd bought in the area when it was little more than a hippie enclave, you'd be feeling pretty smug about your property investment skills now.

Check out this article about where we are in the property cycle: 

"ONE of Australia’s biggest banks has backflipped on a previous prediction that housing prices were going to pick up.

In a research note published yesterday, ANZ Bank has warned the steady decline in the country’s housing prices wasn’t only going to keep dropping, the pace of the decline was also going to pick up.

ANZ senior economist Daniel Gradwell said the “weakness in Australia’s housing market has persisted longer than we expected, and the rate of decline in prices has recently accelerated”.