Sourced by Sound Case Study

Sourced by Sound Case Study

Lara, VIC

3 Bed | 1 Bath | 3 Car – Townhouse

Investor Brief and Strategy:

Experienced investor looking to diversify their portfolio into new markets having already bought properties in Sydney and Brisbane.

Investment Details:

  • Secured at $580,000
  • Rented $450/w
  • Tidy home sitting on an oversized 791sqm lot
  • Quiet culdesac position
  • Easy access to primary and secondary schools, shops and public transport options.

Read about our 15 Key Investment Drivers

Key Investment Drivers:

  • Strong long-term growth: 8.59% p.a
  • 2021 Growth: 16.60%
  • Vacancy rate: low at 1.1%
  • Affordable market (mortgages/incomes): 25%

What we liked:

Lara outperformed Melbourne’s 2021 capital growth rate of 14.87% and continues to achieve tight vacancy rates, all at an affordable price point.

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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.