Investing in residential property has
many benefits, including capital growth.
Property has been a popular route to
wealth for many Australians for many
years. Buying their own home is often
the first investment many people make;
purchasing another property may well be
the second even before shares and other
assets. But your first investment
in property needn't be your home. Buying
an apartment to rent out can be a good
way to accumulate funds so you can buy
your own place. Increasing numbers of
young Australians are choosing this
route, buying in one area while renting
in a more expensive area or living at
home for a while longer.