01 Mar Sourced by Sound Case Study
Posted at 13:07h
in Case Studies
Aspley, QLD
3 Bed | 1 Bath | 2 Car – House
Investor Brief and Strategy:
Renovated, low maintenance home located in a suburb with strong historical growth.
Investment Details:
- Secured at $710,000
- Rented $600/w or 4.4% yield
- Spacious 607sqm block
- Single story home with quality renovation
- Walking distance to state schools and local shopping centre
Read about our 15 Key Investment Drivers
Key Investment Drivers:
- Vacancy Rates – very low at 1.1%
- Consistent long-term 20-year growth 7.44% p.a.
- Rental growth throughout 2020 of 3.7%
What we liked:
607 sqm lot in prime location will continue to drive its historical 7%+ capital growth. This in combination with a strong rental yield make this property a great set and forget investment.
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