Purpose of Purchase: Investment Property
Property Type: Apartment (1Bed +1Bath +1Car park)
Floor Area: 53 m²
Property Feature:
Budget:Up to $600,000
Purchase Price: $600,000
Purchased on: Sep 2025
Yield and rental info:
Leased at $620/week
Current market rental appraisal $620-$780/week
Rental yield on purchase of 5.37%
Based on last year of sales, Newstead has achieved a 17% capital gain.
How this purchase met the clients brief:
【💎 From Home to Investment: A Smart Choice】
🏥 This client is a Travel Nurse who often works shifts and travels between hospitals in Logan and Ipswich. Holding PR status, his goal was to purchase a modern and conveniently located one-bedroom apartment, with good transport links and, most importantly, a secure living environment.
🏙️ In Brisbane’s red-hot property market, finding a quality one-bedroom unit is no easy task. I inspected many apartments for him, even older ones without views were already asking around $580,000. But this apartment stood out: both the living room and bedroom enjoy open, pleasant views, and the complex offers gated entry and on-site security, ensuring peace of mind. Even better, the Body Corporate fees are only $5900 per year, which is quite reasonable.
🤝 My client was impressed with every aspect of this property, so we decided to submit a $600,000 best-and-final offer. During negotiations, the seller repeatedly pushed for a higher price of $603,000–$605,000. However, based on my market analysis and strategy, I stood firm. In the end, we secured the property for exactly $600,000.
💰 Originally, he intended to live in the apartment himself. But since his hospital employer provides staff accommodation, he chose to convert it into an investment property instead. Now, not only does he own his first property in Australia, but he also enjoys a steady rental return of $620 per week.
💡 Buying property is more than just choosing where to live, it’s a life decision. Moving from “buying for yourself” to “investing for the future,” every step is filled with wisdom. For me as a Buyer’s Agent, the most valuable part is helping my clients hold the right price, seize opportunities, and secure a home with confidence.