12 Aug Sourced by Sound Case Study

Craigieburn, VIC

4 Bed | 2 Bath | 2 Car – House

Front
Kitchen
Lounge
Dinning
Master
Patio
Screen Shot 2021-08-10 at 12.11.28 pm

Investor Brief and Strategy:

Experienced investor looking to diversify their portfolio into new markets outside of Sydney and Brisbane.

Investment Details:

• Secured at $735,000 pre-auction
• Rented $470/w
• 559sqm lot with parkland outlook
• Light filled interiors, open concept floorplan, high ceilings, modern finishes & fixtures, alfresco entertaining area and yard with lush surrounds.
• Easy access to primary and secondary schools, kinder/childcare services, and public transport options.

Read about our 15 Key Investment Drivers

Key Investment Drivers:

• Strong long-term growth: 8.3% a
• Vacancy rate: low at 2.5%
• Affordable market (mortgages/incomes): 27%

What we liked:

Despite Melbourne’s extended lockdowns this suburb continues to achieve tight vacancy rates and strong long term capital growth, all at an affordable price point.

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.