Sourced by Sound Case Study

Sourced by Sound Case Study

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.

Sourced by Sound case studies are exclusive to our Facebook followers and Sound News subscribers. 

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.