16 Feb Sourced by Sound Case Study

Bracken Ridge, QLD

4 Bed | 2 Bath | 2 Car – House

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Investor Brief and Strategy:

Investment Details:

• Secured for $792,000
• Recent comparable sales are now ~$950k
• Rented: $670/w or 4.4% yield
• Quality renovation
• Sought after family orientated suburb, premium pocket of Bracken Ridge

Read about our 15 Key Investment Drivers

Key Investment Drivers:

• Vacancy Rates – Super low at 0.7%
• 2021 Capital Growth: 23.8%
• Long-term Growth of 7.6%
• Rent change (12mth): +10.6%

What we liked:

Client has made $150k in equity! A very healthy capital gain in just 7 months whilst also achieving a 4.4% yield.

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.