Purpose of Purchase: Investment 
Property Type: Low set brick house (4Beds + 2Baths +2 Car park)

Land Size: 375m²

Property Feature:

• 6 years old new built house
• Large living & Dinning area with Air Conditioning and a covered patio
• Open kitchen with stainless-steel appliances and sweeping stone bench top
• Built-in storage throughout, security screens and ceiling fans in all the bedrooms
• Great size backyard, low maintenance and fully fenced backyard

Budget：Up to $700,000
Purchase Price: $620,000
Purchased on: June 2023

Yield and rental info:
Leased at $550/week
Rental yield on purchase of 4.6%
Based on last year of sales, Logan Reserve has achieved a 13.9% capital gain.

How this purchase met the clients brief:

• 4-5% rental yield
• Low maintenance
• Newly home

【𝙄𝙣𝙫𝙚𝙨𝙩𝙢𝙚𝙣𝙩 𝘽𝙪𝙮𝙚𝙧 𝙛𝙧𝙤𝙢 𝙎𝙮𝙙𝙣𝙚𝙮】

Queensland has always been very popular among investors from other states in Australia!

Currently, in Brisbane, you can still buy a relatively new 4-bedroom, 2-bathroom, 2-toilet house for around $600,000 to $700,000. Due to the lower entry requirements compared to Sydney and Melbourne, and with Brisbane’s development in the next 10 years, along with the economic growth and job opportunities linked to the Olympics, it is definitely attracting many interstate investment buyers who are seeking the assistance of a Buyer’s Agent like me, based in Brisbane, to purchase investment properties.

This client currently resides in Sydney, so they couldn’t personally inspect the property. While there are also Buyer’s Agents available in Sydney, not all of them offer the service of personally inspecting properties. So, this client told me that they were very fortunate to find me, a local Buyer’s Agent in Brisbane 

This time, my client purchased a 4-bedroom property in Logan Reserve for just over $600,000. Since the property already has tenants with a lease until January next year, they could start receiving rental income immediately after the property transaction. Our team also has a Property Manager to provide property management services, offering a complete package. If you are located in another state and are interested in buying property in Brisbane, feel free to contact us!