GOVERNMENT REPOSSESSED HOMES FOR SALE IN AUSTRALIA
Government-repossessed homes are properties seized by government agencies due to non-payment of taxes, failure to meet certain legal requirements, or foreclosure on a government-insured mortgage. These homes are then sold, typically at auction, to recover the owed amounts or as part of a public policy to manage housing stock.
Government properties can provide great opportunities for the smart real estate investor. But it all starts with finding the right deal. At REDA, we do the hard work for you. Our platform crawls Australia’s biggest and best real estate websites and extracts listings for cheap government houses and land for sale. A council property for sale or council land sale will almost always be below market value.
WHY INVEST IN GOVERNMENT PROPERTY?
Properties owned by federal and state governments can represent lucrative deals for smart investors. These properties can often go for 10-20% below market value. They are generally high-value, well maintained assets with the potential for great rental returns.
Government departments generally look for a quick sale so reserve prices can be set below market value by the government valuers. Plus, there’s the added bonus of paying no stamp duty on these types of properties.
Government repossessed property auctions often sell off-market property at exceptionally low prices, allowing you to grab a great deal. Government agencies seize or repossess properties for various reasons.
Some of these properties are seized from criminals who were using them for illegal activities or who purchased them with money they attained through criminal activities. Other properties are seized because the original owner fails to pay their taxes or make payments for them. These properties can be real bargains, although they are not without their risks.
First-time and seasoned property investors alike can score great bargains on government-seized property—all they need is the right knowledge and skill to turn the property into a profit.
REDA provides an easy-to-use platform that makes finding government-seized properties online simple. Designed to save you time, our premium membership gives you instant access to thousands of listings, with customised search options available to help narrow down your search.
VIEW GOVERNMENT SEIZED PROPERTY LISTINGS TODAY
Ready to start browsing current listings for government seized property auctions?
Sign up to REDA for a free 30-day trial, and you’ll be able to browse and filter under-market government property listings from around Australia. Forget about searching and comparing listings across multiple websites.
REDA saves you time and collects all the best property deals together in one place. You'll find a great addition to your portfolio, from government-repossessed homes to cheap government land for sale. Any Government land for sale or government property auction will be a great way to secure under-market value property.
With REDA, it’s easy to find your next investment property at a bargain price. Sign up for a free trial today and get immediate access to thousands of under-value and off-market property listings across Australia.
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