29 Aug Sourced by Sound Case Study

Morningside, QLD

4 Bed | 2 Bath | 2 Car – House

26AVONST-HR-11

26AVONST–HR-11

26AVONST .11

26AVONST 11

26AVONST—HR-11

26AVONST—HR–11

plan

Investor Brief and Strategy:

Low risk, blue chip, buy and hold new build in a desirable community

Investment Details:

• Cost land and build – $1,035,000
• Sales comparables – $1,200,000
• Rental appraisal $900/w or 4.52% yield
• Rare 473sqm block
• Large 4-bedroom house + 5^thbedroom/lounge
• High end finishes + inclusions
• Walk to train and shops
• Just 8km from the CBD

Read about our 15 Key Investment Drivers

Key Investment Drivers:

• Stable long-term growth of 8.41% p.a
• Inbuilt equity
• Affluent demographic
• High interstate migration and job growth

What we liked:

An elevated block in a blue chip area only 8km from the CBD, this is a rare find. Strong long-term capital growth of 8.41% p.a, rental yield of 4.52% and inbuilt equity make this custom built house a solid long-term investment.

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.