Brisbane Buy: Up to $500,000
After owning their home for a few years, this young Sydney couple wanted to start investing.
Our main goal was capital growth, so we targeted a 3 / 4 bedroom home in a great suburb with fantastic fundamentals.
We found and secured a three bedroom high-set home off-market. We negotiated hard on the price and terms, buying almost $100K under the median for the suburb. Plus we organised for the owners to rent back at a great rent immediately from settlement for 12 months.
Median House Price = $580,000
Historical Growth Rate = 6.60%
Vacancy Rate = 1.89%
Distance to CBD = 13 km