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A key feature about property compared with many other types of investment is that you can actually touch it.  It's bricks and mortar, not just numbers on a screen. It can also be a less volatile form of investment.  Investors like property for reliability and predictability in terms of long term capital growth, ongoing rental return and immediate tax benefits.

Negative gearing and depreciation allowances are popular ways to reduce your tax liability, especially at the end of the financial year.  You should consult your financial and taxation advisers before determining if this strategy suits you.

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This advice is general and does not take into account your objectives, financial situation or needs. You should consider the PDS and Terms & Conditions, available from IMB, before making a decision about products related to property investment. Financial Planning services are provided by IMB Financial Planning Limited ABN 23 094 730 195 AFSL 234 660.

 

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Why choose IMB Bank?

Established in 1880, IMB has been helping people achieve their financial goals for 139 years. IMB offers a full range of banking solutions including home and personal lending, savings and transaction accounts, term deposits, business banking, financial planning and can arrange a wide range of insurance and travel products.

IMB has a growing branch network throughout the Illawarra, Sydney, NSW South Coast, the ACT and Melbourne. We have a lending specialist in every branch and a team of mobile lending specialists who will come to you. IMB members enjoy access to free automated phone and internet banking and a team of professionals who are just a phone call away at our locally based call centre.

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