20 Nov Sourced by Sound Case Study
Posted at 14:33h
in Case Studies
Leichhardt, NSW
3 Bed | 2 Bath – Terrace
Investor Brief and Strategy:
Time-poor professional looking to diversify and expand their portfolio in the Sydney market
Investment Details:
- Secured: $1,533,000 before auction
- Rent: $1,000/w or 3.5% yield
- Renovated and new roof
- Popular school catchment area for Fort Street High School
- Walking distance to shops, light rail, Petersham Station, Bus stops & NSW Tafe
- Only 6km from the Sydney CBD
Read about our 15 Key Investment Drivers
Key Investment Drivers:
- Vacancy Rates – low at 2.4%
- Sort after inner west location
- Consistent long-term 26-year growth 8.10% p.a
What we liked:
Consistent long-term growth rates in combination with low vacancy and close proximity to all amenities make this a secure ‘buy and hold’ investment.
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