Sourced by Sound Case Study

Sourced by Sound Case Study

Wavell Heights, QLD, 4012

Investor Brief and Strategy:

To acquire a premium lot for custom build opportunity, with maximum depreciation benefits.

Investment Details:

  • Secured off-market
  • Land + Build Costs $1.4m
  • Appraised $1,300p.w or 4.7% yield
  • Flat 600+ sqm block
  • High-return investment – $162k Inbuilt Equity
  • Maximum depreciation benefits
  • Low maintenance block in highly sort after school district

Read about our 15 Key Investment Drivers

Key Investment Drivers:

  • Vacancy Rates – low at 1.2%
  • Consistent long-term 23-year growth 8.75% p.a
  • Positive growth in 2020 – 4.5%

What we liked:

Blue chip suburb with strong, consistent growth and low vacancy rates. This site provides the perfect balance between a high yield & return on development costs.

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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.