11 Sep Sourced by Sound Case Study

Strathpine, QLD

5 Bed | 2 Bath | 2 Car – House

Front

Kitchen

Living

Master

Bathroom

Kitchen 2

Rumpus

Yard

Floorplan

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.

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.