Sourced by Sound case study

Sourced by Sound case study

Manly, QLD

4 Bed | 2.5 Bath | 2 Car – House

Investor Brief and Strategy:

Young Sydney family looking to get their foot on the property ladder sub $1m and achieve solid long-term growth.

Investment Details:

  • Package price $856,000 – Appraised $930,000
  • Rental appraisal $790w or 4.8%
  • Flat, square block 405sqm
  • Elevated position with bay breezes
  • Easy walk to Manly train station & the esplanade
  • Popular school catchment area

Read about our 15 Key Investment Drivers

Key Investment Drivers:

  • Vacancy Rates – Super low at 1.1%
  • Inbuilt equity – $74K plus depreciation benefits
  • Demographics – Family orientated
  • Suburb 15 year growth – 8% p.a

What we liked:

“Tightly held, family orientated suburb combined with inbuilt equity, maximum depreciation benefits and solid rental yield make a low risk investment.”

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This article is provided for general information only and does not constitute personal advice, as it does not take into consideration your personal circumstances. Please consult a licensed tax or financial advisor before making any decision to invest.