30 Oct Sourced by Sound Case Study
Posted at 14:03h
in Case Studies
Brisbane QLD
4 Bed | 2 Bath | 4 Car – House
Investment Overview:
Primary goal of fast-tracking wealth creation via purchasing a 2nd investment property.
Investment Details:
- Purchase price: $844,000
- Rented: $810 or 5% yield
- Large 714sqm block
- Equity is projected to grow by $870k over the next 10 years based on long-term growth.
Read about our 15 Key Investment Drivers
Key Investment Drivers:
- Long-term Growth: 8.06%
- Vacancy rates: 0.7%
- Days on market: 24
What we liked:
Perfectly renovated low-set home in a quiet cul-de-sac position. Our clients managed to secure tenants prior to settlement $85/week more than the rental appraisal, well above the suburbs median yield.
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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.
