29 Jun Sourced by Sound Case Study
Posted at 12:58h
in Case Studies
Bulimba, QLD
6 Bed | 3 Bath | 2 Car – House
Investor Brief and Strategy:
Brand new premium purchase in high demand suburb for maximum depreciation.
Investment Details:
- Secured at $1,900,000
- Rental Appraisal at $1,550-$1,600
- Strong Yield of 4.38%
- Popular Bulimba Peninsula neighbourhood
- Short drive to University, Hospital and beaches
- 5kms to CBD, short walk to Oxford St, schools, parks and public transport.
Read about our 15 Key Investment Drivers
Key Investment Drivers:
- Vacancy Rates – Super low at 1.2%
- 20 Year Average Growth at 9%
- Demographic is Higher Socio-economic
What we liked:
Brand New property with strong tax depreciation benefits in a positive growth suburb with high rental returns.
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