29 Jun 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.
- 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.Sourced by Sound case studies are exclusive to our Facebook followers and Sound News subscribers.
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.