Sourced by Sound Case Study

Sourced by Sound Case Study

Strathpine, QLD

5 Bed | 2 Bath | 2 Car – House

Investor Brief and Strategy:

Strong yielding investment under $550k within walking distance to a train station.

Investment Details:

  • Secured $527,000
  • Rented $485p/w or 4.8% yield
  • Low maintenance 608 sqm lot with side access via carport
  • Spacious family home + Granny flat
  • Short stroll from Bray Park Train Station, Coles & multiple schools

Read about our 15 Key Investment Drivers

Key Investment Drivers:

  • Vacancy rates – extremely low 0.5%
  • Average long-term capital growth – 7.63%
  • Affordable market (mortgages/incomes) – 25%
  • Average days on market (DOM) – 25 days

What we liked:

Despite the global pandemic this suburb has continued to achieve extremely tight vacancy rates, low days on market & strong long-term capital growth, providing a secure long-term investment. At the current long-term growth rate, property will double in value every 10 years.

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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.