08 Oct Sourced by Sound case study

Norman Park, QLD

5 Bed  |  2 Bath | 2 Car – House

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Investor Brief and Strategy:

Low risk, buy and hold new build with inbuilt equity and strong growth potential

Investment Details:

• Package price $1m – Appraised $1.15m
• Inbuilt equity – $150k
• Rented $895/w or 4.7% yield
• High quality fixtures and fittings throughout
• Large 5-bedroom house
• 900m from train station, under 15-minute drive to Westfield

Read about our 15 Key Investment Drivers

Key Investment Drivers:

• Suburb has achieved 19% growth in 2018
• Sales Data – Amongst highest online demand in the country (Domain, Realestate.com.au)
• Affordability- Only 25% of household incomes to mortgages
• Demographics – Higher socio-economic

What we liked:

“Solid long-term growth rates in combination with inbuilt equity make this a low risk investment in a blue-chip postcode”

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.