Sourced by Sound Case Study

Sourced by Sound Case Study

Bracken Ridge, QLD

4 Bed | 2 Bath | 2 Car – House

Investor Brief and Strategy:

First-time investor looking to maximise growth potential whilst achieving a strong yield.

Investment Details:

  • Secured for $792,000
  • Rental appraisal at $670/w
  • Yield of 4.4%
  • Spacious 610sqm lot
  • Newly renovated
  • Sought after family orientated suburb, premium pocket of Bracken Ridge

Read about our 15 Key Investment Drivers

Key Investment Drivers:

  • Vacancy Rates – Super low at 0.8%
  • 2021 Capital Growth: 14%
  • Long-term Growth of 7.65%
  • Rent change (12mth): +8.8

What we liked:

Quality renovation maximised the property’s yield whilst also achieving a healthy capital growth rate of 14% in 6 months.

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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.