16 Aug Sourced by Sound case study

Cannon Hill, QLD

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

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Investor Brief and Strategy:

Premium Custom Built House and Land in high demand suburb.

Investment Details:

• Cost build and land – $1,050,000
• Rent: $895/w or 4.4% yield
• Comparable sales support $100k inbuilt equity or 9% instant gain
• Only 6km to CBD
• High growth suburb averaging 11.02% p.a growth for past 15 years
• Short walk to shops, train and schools
• High end finishes and inclusions

Key Investment Drivers:

• Vacancy Rates – Low 1.4%
• Online demand – High
• Population growth – High 2% p.a

What we liked:

“Only 6km to the CBD, this blue-ribbon address in a high demand suburb has been consistently achieving 11% capital growth p.a for the past 15 years. Clients made some solid inbuilt equity by the time the property was complete and will prove a strong long-term buy and hold.”

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.