16 Aug Sourced by Sound case study

Ormiston, QLD

4 Bed  | 2.5 Bath | 2 Car – 300sqm House

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Investor Brief and Strategy:

Premium Custom Built House and Land w/Inbuilt equity in high demand suburb

Investment Details:

• Cost build and land – $720,000
• Rent: $650/w or 4.7% yield
• Comparable sales support $60k inbuilt equity or 8% instant gain
• High growth suburb averaging 8% p.a growth for past 15 years
• Short walk to shops, train and schools
• Right next to multi-million dollar waterfront homes
• Sound select finishes and managed build

Read about our 15 Key Investment Drivers

Key Investment Drivers:

• Vacancy Rates – 1.4%
• Market Cycle – Countercyclical investment
• Population Growth – Higher than state average

What we liked:

“This 300sqm custom built property has the highest quality finishes and it stands next to multi-million dollar waterfront homes. Suburb has outstanding capital growth with low vacancy rates.”

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.