News Articles & Media Releases

19/11/11
Miner worker secures top investment deal
Writer: Gemma Nisbet
Publication: The New Homes Guide – The West Australian

When Stewart Rizzi decided to invest in the property market, he had to choose between building a new home and buying an established one.

Because of the lower maintenance requirements and tax benefits involved, building seemed like the obvious choice for him.

"You get to build exactly what you want," he said. And while he shopped around a number of different builders, he went with a company he knew and trusted. "I had built my existing home with Homebuyers Centre and felt comfortable with them," he explained.

"Based on the working relationship I'd formed with them when I built my own place, I was quite happy to go through the process again."

The 33-year-old fly-in fly-out mine worker signed a contract with Homebuyers Centre in December last year and last month his tenants were able to move in to the new property.

The three-bedroom, two-bathroom home in Ellenbrook is part of the company's award-winning Flutes range and came as a complete package.

"It included air-conditioning, painting, flooring and so on the stuff you normally have to add after handover which worked for me because I'm not home enough to do all of that." Mr Rizzi said.

With prices for the Flutes complete house and land packages starting at $299,000, Mr Rizzi said it was value for money, describing the whole experience as "pretty stress-free".

"I definitely feel that I have found a builder I can really trust," he added.

According to Homebuyers Centre's sales manager Josh Crowe, turnkey packages such as those offered in the Flutes range held considerable appeal for investors.

"People are realising that the best properties to invest in are those that represent great value for
money and also, in the case of new homes, where everything about the property is finished for them," he said.

A growing population and strong resources industry were resulting in lower rental vacancies, increased rental costs and strong employment forecasts, meaning that now was a good
time to invest in property, Mr Crowe said.

"This means that people who put their investment dollar into new homes now will be setting themselves up for the years ahead and I think now is a really good time to invest."

New build homes came with a number of advantages for investment buyers, including low maintenance and new features, which appealed to both tenants and buyers, he added.