16 Dec Sourced by Sound Case Study
Posted at 12:04h
in Case Studies
Aspley, QLD
4 Bed | 2 Bath | 2 Car – House
Investor Brief and Strategy:
Experienced investor looking to expand their portfolio into a new market. Low maintenance investment with a strong focus on capital growth.
Investment Details:
- Secured off market at $845,000
- Recent comparable sales are now ~$950k
- Rented $750/w or 4.6% yield
- Spacious 612sqm block
- Large family home filled with character
- Walking distance to multiple schools and local shopping centres
Read about our 15 Key Investment Drivers
Key Investment Drivers:
- Vacancy Rates – very low at 0.8%
- Capital growth in 2021 – 20.9%
- 8.20% p.a average suburb growth past 20 years
- Rental growth throughout 2021 of 13.7%
What we liked:
Investor made over $100k of equity over three months. Expanding this over a full year period, equals a whopping 48% growth in capital!
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