Sourced by Sound Case Study

Sourced by Sound Case Study

Bracken Ridge, QLD

4 Bed | 2 Bath | 2 Car – House

Investor Brief and Strategy:

Oversized land parcel in an established growth suburb with decent rental yield.

Investment Details:

  • Secured for $875,000
  • Rental appraisal at $700/w
  • Yield of 4.16%
  • Rare 1,061 sqm lot
  • Generous proportions, high ceilings, open floorplan, multiple living zones, 4 large bedrooms all with BIR.
  • Walking distance to Bald Hill’s train station, great schools, TAFE campus and local parks.

Read about our 15 Key Investment Drivers

Key Investment Drivers:

  • Vacancy rates – super low at 0.8%
  • 2021 capital growth: 14.5%
  • Long-term growth of 7.65% p.a
  • Rent change (12mth): +8.8%

What we liked:

Not often that you come across a family home on a massive 1,061sqm lot in central Bracken Ridge. This property will continue to achieve a healthy mix of capital growth and yield.

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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.