03 Sep Sourced by Sound Case Study

Coorparoo, QLD

5 Bed | 3 Bath | 2 Car – House

Front

Living

Kitchen

Bed

Bath

Bed 2

Bath 2

Pool

Back

Plan

Investor Brief and Strategy:

Mining professional looking to invest in a solid blue-chip property for capital growth

Investment Details:

• Negotiated to $1.285m
• Sales comparables – $1.3m+
• Rental appraisal $1,100/w or 4.5% yield
• 25 groups at first open house – secured one week after listed
• High end finishes + inclusions
• Brand new for depreciation
• Popular school catchment + only 4km to CBD

Read about our 15 Key Investment Drivers

Key Investment Drivers:

• Past 20-year average capital growth 8.24% p.a
• Affluent demographic
• Low vacancy at 1.8%
• High market demand with an average of 585 clicks per listing

What we liked:

Footsteps away from excellent schooling, parks and public transport. Consistent long-term growth rates in combination with a high rental yield make this a secure ‘buy and hold’ 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.