08 Oct Sourced by Sound Case Study
Posted at 12:07h
in Case Studies
Coorparoo, QLD
3 Bed | 2.5 Bath | 2 Car – Townhouse
Investor Brief and Strategy:
Premium townhouse close to the CBD with owner occupier demand
Investment Details:
- Listed $699,000
- Rental appraisal: $660/w or 4.9% yield
- Architecturally designed and high end finishes
- Small block of 16 with city views
- Walking distance to schools, public transport and Coorparoo Square precinct
- CBD only 4.5km away with universities and the airport located within a 20-minute radius
Read about our 15 Key Investment Drivers
Key Investment Drivers:
- Vacancy rates – super low at 1.9%
- Consistent long-term growth of 8.89% p.a
- Maximum depreciation benefits
- Higher socio-economic demographic
What we liked:
A well-rounded investment in a blue-chip location. 70% sold to local owner occupiers, great sign of value and future demand.
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