Purpose of Purchase: Investment
Property Type: Low set house (3Beds + 2Baths +1Car park)

Land Size: 607m²

Property Feature:

• Solidly built cement rendered house
• Master bedroom with ensuite and air conditioning
• Ceiling fans and security screens throughout
• Located in a quiet pocket of Rochedale South amongst a family friendly neighbourhood.
• Perfect location and well connected with easy access to local shops, schools, M1 access and public transport.

Budget：$600,000-$700,000
Purchase Price: $577,000
Purchased on: Dec 2022

Yield and rental info:
Leased at $560/week
Rental yield on purchase of 5.04%
Based on last year of sales, Rochedale South has achieved a 16.7% capital gain.

How this purchase met the clients brief:

• Below market value
• High potential capital growth
  
• Up to 5% rental field

【𝙂𝙧𝙚𝙖𝙩 𝙑𝙖𝙡𝙪𝙚 𝙄𝙣𝙫𝙚𝙨𝙩𝙢𝙚𝙣𝙩 𝙋𝙧𝙤𝙥𝙚𝙧𝙩𝙮】

We are thrilled to share the success story of one of our valued interstate clients who recently secured a remarkable investment property through our services—for the second time! Nestled in the thriving suburb of Rochedale South, this standalone four-bedroom house boasts a generous land size of 607 sqm—an enviable find in today’s market.

Utilizing our expertise in negotiation, we secured this property for just over $570,000—a significant markdown from the area’s median price of $723,000. And considering that Rochedale South properties reached a staggering $870,000 in the recent past, this investment truly stands out as a gem.

As a Buyer’s Agent, we pride ourselves not only on identifying lucrative investment opportunities but also on catering to our clients’ budgets. By purchasing at a reasonable price and strategically investing in renovations, such as updating the kitchen and refreshing the interiors, our client can expect a solid rental return ranging from $550 to $600 per week.

Furthermore, with the potential for appreciation in the future property market, this investment holds promise for substantial long-term gains. Our client’s trust in our services for the second time underscores the effectiveness of our approach in securing properties that offer both immediate returns and future growth potential.

We’re excited to witness the success our client will undoubtedly achieve with this investment and look forward to continuing to support them on their journey towards financial prosperity.

If you’re looking to make savvy property investments tailored to your budget and goals, don’t hesitate to reach out to us. We’re here to guide you every step of the way.