- Purchase Price: $490,000
- Equity now: $65,000
- Gross Rental Yield: 5.09%
This property was purchased on market, due to our strong relationship with the agent and acting quickly we were able to have a signed contract in place in less than 30 hours from the property going live. Eliminating the competition and having to compete at the open for inspection.
Purchase price $490,000 with the property directly next door selling for $555,000 in January 2022. The rental appraisal is $480 a week making this a 5.09% gross rental yield.
- Purchase price $490,000
- This suburb has seen 37% capital growth in the last 12 months
- This suburb has seen 19.2% rental income growth in the last 12 months
- Gross Rental yield 5.09%
- Vacancy rate 0.4%
- Large 701m2 piece of land
- SEQ purchase
- Taylored Market knowledge
- Solid Strategy
- Taylored Strong Negotiations
- Taylored structured system to determine value
