First Time Investor Achieves Above 5% Yield and 19% Growth In Under 12 Months Of Ownership

The Brief

Our young, first-time investor was referred to us by his mortgage broker. Being his first investment purchase, it was imperative we purchased right to set the foundation for his growing portfolio. Working with a tight budget, we searched beyond the Gold Coast to find this client the best possible investment his money could buy. .

The Outcome

Our search led us to a four bedroom free standing home within close proximity to the beach and cafes - Our Due Diligence informed us that the population was growing in that region, showing ongoing infrastructure spending and a strong economy. We also uncovered that the property has the ability to add a granny flat down the track, which will amply our investors return.  

With the foresight that the property would perform very well for our client, we negotiated a win in a multiple offer situation, whilst ensuring not to overpay.

Purchased $556,000
Rent $580p/wk (5.42% yield)
Current Value $660,000 (19% growth in less than 12 months)

"Rebecca was extremely helpful. I can’t say enough good things about my experience with Rebecca as my Buyers agent! As a first time investo, I was nervousand had a lot of questions. Rebecca guided me through the entire process with patience and expertise. I highly recommend working with her."

- Purchaser