Location
Signature Homes primarily build standalone properties.
Here at Opes Partners we donât tend to recommend house and land packages outside Canterbury.
Thatâs because in the other major centres standalone properties are expensive, and typically the yield doesnât stack up.
So standalone houses in other large centres often donât earn enough rental return to be viable.
So, if purchasing an investment through Signature Homes weâd recommend considering investing in the outskirts of Christchurch and its satellite towns (think places like Rolleston, Kaiapoi and Woodend), parts of the country where family-sized houses are still a popular option for some investors.
This is because relatively cheap land means investors can purchase a standalone house at a reasonable price that makes sense.
Growth vs yield
Signature Homes tend to build family-sized houses, which are considered âgrowthâ properties for investors.
That means theyâll likely grow in value more quickly than an investment like an apartment, but will have a lower rental return.
So, Signature Homes properties will be a better fit for those investors looking to grow their wealth rather than earn significant cashflow from their properties today.
But, if a yield property is what you are looking for, then you need to look for properties like dual-key apartments, in which case Signature Homes is likely not the right company for you.
To see if the dual-key is right for you, head to our article.