Sourced by Sound Case Study

Sourced by Sound Case Study

Mountain Creek, QLD

4 Bed | 2 Bath | 2 Car – House

Investor Brief and Strategy:

Investment sub $600k with strong capital growth potential & a high rental yield.

Investment Details:

  • Off market deal, secured: $580,000
  • Rented $620/w or 5.56% yield
  • Affordable property acquired in rapid growth suburb
  • Sort after school catchment zone
  • Quiet street, walking distance to local shops, restaurants and schools

Read about our 15 Key Investment Drivers

Key Investment Drivers:

  • Vacancy Rates – Super low at 0.2%
  • Rents grew 9.1% during 2020
  • Population increase of 5.77%, three times higher than the state average

What we liked:

Secured off-market through our agent networks this property exceeded rental expectations and also benefited from an on-market sale of a similar property $30,000 higher before settlement.

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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.