Sourced by Sound case study

Sourced by Sound case study

Cleveland, QLD

4 Bed | 2 Bath | 2 Car – House

Investor Brief and Strategy:

Strategic custom build with inbuilt equity and high cash flow located in desirable coastal community.

Investment Details:

  • Land and build costs –  $577,000
  • Median house price – $587,500
  • Rental appraisal $540/w or 4.9% yield
  • 405sqm infill block
  • Sound Property designed finishes + inclusions
  • Popular school catchment for Thornlands State School & Cleveland District state school
  • Close proximity to ocean, hospital and public transport

Read about our 15 Key Investment Drivers

Key Investment Drivers:

  • Vacancy Rates – Super low at 1.5%
  • High rental growth of +13.2% in the last 12 months
  • Building new for less than suburb median

What we liked:

Rare infill block in an established suburb and only 4 minutes to the local Esplanade. Strong rental growth, rental yield and maximum depreciation create various benefits for this custom built investment.

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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.