Brisbane Buy: Up to $400,000
Sydney-sider and first time investor, he wanted a safe and secure property to start his property portfolio.
Our main goal was capital growth and security, so we targeted a three bedroom home in a great suburb with fantastic fundamentals.
We secured a three bedroom cottage-style home on a corner 506sqm block. The home has a 6m x 6m services shed which could become a second dwelling, and the property is only a 400m walk from a train station.
Median House Price = $420,000
Historical Growth Rate = 6.38%
Vacancy Rate = 1.9%
Distance to CBD = 18 km