Our Success
Investment Purchase - Eagleby
Purpose of Purchase: Investment Property
Property Type: Low set residence (3Beds + 1Bath +3Car park)
Land Size: 809 m²
Property Feature:
- Solid, low-maintenance property in a prime location
- Ample space for outdoor living, with multiple car accommodation
- Recently renovated and updated to a modern standard
- Giving the home a fresh and contemporary feel
- Presents a secure income stream for investors
Budget：$700,000 – $800,000
Purchase Price: $708,000
Purchased on: Jan 2025
Yield and rental info:
Leased at $450/week Current market rental appraisal $550-$600/week
Rental yield on purchase of 3.3%
Based on last year of sales, Eagleby has achieved a 16.9% capital gain.
How this purchase met the clients brief:
- Low-set brick house, ideal for easy maintenance
- Strong potential for high capital growth
- Secured an excellent tenant who treats the property as their own home
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In the second week of the new year, I have already helped three clients secure their dream properties! Today, I’d like to share the success story of one of them, a client from Sydney!
Like many others, this client was keen to make a long-term investment in Brisbane. Her goal is to purchase two investment properties either for rental income or future capital growth. With her extensive experience in property investment, the client already owns rental properties in Sydney and experience in buying land, building homes, and renovating. But since she is not familiar with Brisbane’s suburbs, she was being cautious about diving in and risking her hard-earned fund in the wrong areas. She has been following my YouTube channel for a while. She felt confident I was the right Buyer’s Agent to help them navigate Brisbane’s market. She decided to work with me as the local expert to guide them, which I was truly honored to do! Throughout our discussions, we were often in sync about whether a property was suitable and what price to offer. Initially, the client focused on finding properties that could accommodate a granny flat, aiming to generate dual income. But in today’s market, most of these properties are in the Logan area, where prices have been pushed pretty high. After weighing up the time, money, and effort needed to build a granny flat—and the risks involved—they decided to explore other options.
After weeks of property inspections and market observations, we came across a property that stood out. It featured an 800 sqm block of land and was priced in the low $700,000s. Although it couldn’t accommodate a granny flat or be subdivided, it was located near a highway and showed strong potential for capital growth. Importantly, the property had a tenant who had lived there for six years and maintained it in excellent condition, eliminating the need to search for new tenants and ensuring a smooth transition. After discussing all the angles, it was clear that buying a granny-flat-ready property at inflated prices wasn’t the smartest move, especially with interest rates still on the higher side.
In the end, we successfully secured the property for $708K. The client is thrilled and already thinking about leveraging its future capital growth to refinance and expand their portfolio. This purchase hit the sweet spot—not only did they secure a fantastic property at the right price, but she also kept financial flexibility intact, marking a significant step toward generating long-term passive income! Couldn’t be happier to see another client set up for success in the Brisbane property market!