Brisbane Buy: Up to $600,000
Young professional Sydney couple who both work corporate roles in the CBD and own their apartment They want to build a property portfolio to be able to step away from their jobs within 10 years.
Our goal was to find a 3 bedroom home with a 4.5%+ yield and strong potential for capital growth.
We sourced this three bedroom home off-market, securing the property two days before Christmas. The home is already tenanted by a lovely young family at $490 per week. Located in one of Brisbane’s best northern suburbs, this home met our criteria.
Median House Price = $580,000
Historical Growth Rate = 6.60%
Vacancy Rate = 1.89%
Distance to CBD = 13 km