Sourced by Sound case study

Sourced by Sound case study

North Toowoomba, QLD

4 x 4 Bed | 2.5 Bath | 1 Car – Whole block of townhouses

Investor Brief and Strategy:

Discounted residential investment with multiple income streams circa $1.2m

Investment Details:

  • $1,250,000 negotiated
  • Appraised value of $1,400,000
  • Built in 2015 by reputable builder
  • Fully tenanted with 5.8% yield
  • Rental increases achievable in next 6-12 months
  • Walking distance to amenities including train station
  • Convenient location close to the CBD and all main roads

Read about our 15 Key Investment Drivers

Key Investment Drivers:

  • Vacancy Rates – low at 2%
  • Rental Change – 4.5% (past 12mth)
  • Capital Growth – 8.66% p.a (average past 15 years)

What we liked:

“Below value, recently built townhouse complex within walking distance to a major regional CBD. Fully tenanted with high yields and proven long-term growth rates”

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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.