Sourced by Sound Case Study

Sourced by Sound Case Study

Bray Park, QLD

3 Bed | 1 Bath | 3 Car – House

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.

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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.