06 Dec Sourced by Sound case study
Posted at 11:21h
in Case Studies
Sunbury, VIC
3 Bed | 2.5 Bath | 2 Car – Townhouse
Investor Brief and Strategy:
Affordable entry point, positive growth drivers and full depreciation benefits in a low risk market
Investment Details:
- $420,000
- Rent appraised at $360/w or 4.4% yield
- Boutique project of just 9 townhomes
- Walking distance to shopping centre and transport
Read about our 15 Key Investment Drivers
Key Investment Drivers:
- Vacancy Rates at extremely low 1%
- Excellent affordability levels and low unemployment of 3.9%
- Ripple effect in price growth from central Melbourne markets
- Yield exceeds wider regional market
What we liked:
“This small block occupied a central location, had oversized floor plans and demonstrated many of our 15 Key Investment Drivers.”
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