The best property investments for $500k

Reported by Larry Schlesinger, Property Observer
Friday, July 20, 2012
Homes over $350k in Ballarat are one of 15 property hotspots.

Mortgage calculator

You need the latest version of Flash Player.
Enjoy the most vivid content on the web
Watch video without extra features
Interact with applications on your favourite sites
Upgrade now
Katy Perry. (Getty)Most generous celebritiesThe rich and famous stars who give their money to charity

Property buyers with just $500,000 to spend may feel their options are narrow, but there are plenty of opportunities for investments on a budget.

Across Australia there's a wide range of opportunities for property investors with a lazy half-million to invest and a creative mindset, according to the July edition of the Herron Todd White Property Market report.

PHOTOS: 15 top investments for $500k

Herron Todd White says the results of this year’s issue shows that "market performance has varied as much as the landscape”.

Investment options range from buying an older house in western Sydney on a large block and adding a granny flat, investing in four-bedroom homes near Newcastle University and converting them into student accommodation or considering a worker’s cottage in East Brisbane.

To see the full list of 15 eclectic investment opportunities for savvy investors with $500,000 to invest, click here.

For great property investment tips download the free eBook Property Observer’s – 15 tips for investing in times of turmoil today.

19/06/2013 09:18Sydney, Australia. 19 June,2013
advertisement