12 Aug Sourced by Sound Case Study

Bray Park, QLD

3 Bed | 1 Bath | 3 Car – House

SBS 1
SBS 2
SBS 3
SBS 4

Investor Brief and Strategy:

First time investor searching for a set and forget investment property with growth potential.

Investment Details:

• Purchase price: $547,000
• Recent comparable sales are now ~$650k
• Rented: $500/w or 4.75% yield
• Short walk to schools, shops, and Bray Park train station.
• Tidy and low maintenance.
• Large lot, great for capital growth.

Read about our 15 Key Investment Drivers

Key Investment Drivers:

• Vacancy rates – low at 0.2%
• Consistent long-term growth 8.14% p.a
• 12-month rental change +22.8%
• Average suburb yield: 4.1%

What we liked:

$100k of equity in 6 months! Negotiated below market value, positive cashflow and opportunity for further growth. A well-rounded investment.

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.