Purpose of Purchase: Investment
Property Type: Two Storey home (4Beds + 2Baths +2 Car park)

Land Size: Flat 389m2 block of land

Property Feature:

• High-end finishes that adorn its expansive kitchen, stylish bathrooms, and communal areas
• Overlooking the open living and dining space Living and dining spaces situated on the ground floor 
• Expansive undercover alfresco area for outdoor gatherings  
• Fully fenced yard designed for low maintenance

Budget：Up to $600,000 
Purchase Price: $605,000
Purchased on: Nov 2023

Yield and rental info:
Leased at $550/week
Rental yield on purchase of 4.7%
Based on last year of sales, Yarrabilba has achieved a 15.1% capital gain.

How this purchase met the clients brief:

• Long term capital growth
• Low maintenance property 
• Newly home for depreciation value
• more than 4.5% rental yield
• Decent rental income to cove most of the mortgage repayments

【𝘾𝙡𝙚𝙫𝙚𝙧𝙡𝙮 𝙐𝙩𝙞𝙡𝙞𝙯𝙞𝙣𝙜 𝙈𝙤𝙧𝙩𝙜𝙖𝙜𝙚 𝙍𝙚𝙛𝙞𝙣𝙖𝙣𝙘𝙞𝙣𝙜, 𝙎𝙪𝙘𝙘𝙚𝙨𝙨𝙛𝙪𝙡𝙡𝙮 𝘼𝙘𝙦𝙪𝙞𝙧𝙞𝙣𝙜 𝙖𝙣 𝙄𝙣𝙫𝙚𝙨𝙩𝙢𝙚𝙣𝙩 𝙋𝙧𝙤𝙥𝙚𝙧𝙩𝙮】

This local buyer, having secured a primary residence, expressed optimism in the real estate market and decided to invest in another property through a combination of mortgage refinancing and existing savings. With a budget sufficient for approximately $600K, she sought a relatively new property with no additional budget for renovations, emphasizing the importance of its freshness. The client successfully closed this deal just before Christmas.

Despite the real estate market gradually stabilizing after multiple interest rate hikes, current property prices, even in more distant areas, are nearing $700K. This is attributed to previous homeowners selling their properties and relocating to more distant, yet newer, areas. Additionally, external migration has contributed to maintaining a significant upward trend in property prices even in these more remote regions.

 

【巧妙運用加按，成功添置投資物業】

這位本地買家在購得了一所自住屋後，由於對樓市的樂觀看法，決定透過加按和現有存款，再次投資一所物業。她的預算足以購買大約$600K的物業，她的要求同樣是物業要相對新，因她未有額外預算進行維修工程，因此希望物業越新越好。這位客人最終在聖誕節前完成了這筆交易。

雖然樓市在經歷了數次加息後逐漸穩定，但以現時樓價來看，以$600K購買相對新淨的物業選擇有限，即使是在較遠的地區，樓價也已接近$700K。這是因為先前的業主紛紛將物業售出後，選擇遷往較遠而且物業較新的地區，加上一些外來人口的遷移，令即使是較遠的地區，樓價依然保持相當的升幅