Investing in property is one of the most effective ways to build long-term wealth, and for many “Mum and Dad” investors, it’s a step toward securing financial stability for future generations. Recently, we had the pleasure of helping clients from interstate purchase their first investment property, guiding them through every step of the process. This case study highlights how we achieved success using our Full Service package.
Client Profile:Mum and Dad Investors Looking to Build Wealth
Our clients, who live interstate, were looking for their first investment property. They wanted a minimal-maintenance home that could provide a reliable rental yield and long-term growth. Given that this was their first time purchasing out of state, it was essential to guide them through the differences in the buying process, ensuring they felt confident and informed at every step.
Our Approach: Full Service Package
Our full-service approach covers every aspect of the investment property journey, from the initial search to settlement. Here’s a breakdown of how we helped our clients:
- Needs Analysis & Research: Understanding the client’s budget, goals, and preferences.
- Comprehensive Search: Exploring properties that met their criteria.
- Shortlist & Due Diligence: Narrowing down the best options and performing detailed checks.
- Property Viewing: Arranging and attending property viewings.
- Negotiate & Acquire: Ensuring a fair price through strategic negotiation.
- Building & Pest Inspection: Organizing inspections to confirm property quality.
- Communication Between All Parties: Facilitating seamless interactions between solicitors, agents, and other stakeholders.
- Assist with Getting to Settlement: Managing all paperwork and legalities.
- Settlement Pre-Inspections: Conducting final checks to ensure everything was in order.
Client Brief
- Property Requirements:
- Minimum: 3 Bedrooms, 1 Bathroom, 2 Car Spaces
- Minimal Maintenance
- Yield: Over 4%
- Budget: $300,000 – $400,000
- Property Requirements:
Outcome: Success in Just 19 Days
In just 19 days, we successfully secured the ideal property that matched our client’s brief. Here are the key details:
| Client Brief | Outcome |
|---|---|
| Minimum: 3 Bed, 1 Bath, 2 Car | ✅ Purchased: 3 Bed, 1 Bath, 2 Car |
| Yield: >4% | ✅ Yield Achieved: >5.1% |
| Budget: $300,000 – $400,000 | ✅ Purchase Price: $381,200 |
| Low Maintenance | ✅ Low Maintenance Grounds with Garden Sheds |
| Proximity to Amenities | ✅ Less than 2km to Shopping Centres & Schools |
Property Details
- Purchase Price: $381,200
- Current Valuation (Oct 2024): $435,000 (+14% Growth)
- Expected Growth (Next 12 Months): 11%
- Land Size: 696 sqm
Key Features:
- 3 bedrooms with built-in robes throughout
- Separate lounge with an additional sunroom or home office
- Spacious kitchen and meals area
- Reverse cycle split system air conditioning
- Timber floorboards, fresh carpet, and new paint
- Low maintenance yard with two garden sheds
Why This Property Was a Perfect Match
This investment property ticked all the boxes for our clients. It offered a spacious block of 696 sqm, ensuring future potential for expansion or landscaping. Located within 2 km of shopping centres and schools, it provided the convenience and appeal that tenants look for. Additionally, with a yield of over 5.1%, the property exceeded the client’s expectations.
Financial Performance: Immediate Return on Investment
| Metric | Value |
|---|---|
| Purchase Price | $381,200 |
| Current Valuation (Oct 2024) | $435,000 (+14% Growth) |
| Rental Yield | >5.1% |
| Expected Growth (Next 12 Months) | 11% |
With a current valuation of $435,000, the property has already seen a 14% increase in value since its purchase, showing how the right choice can lead to immediate and substantial returns. Our clients can look forward to further growth in the coming year, with projections of 11% expected growth over the next 12 months.
Support Equals Successful Investment
Purchasing an investment property can be daunting, especially when doing so from out of state. However, with our Comprehensive Full Service package, we ensure a smooth and stress-free process for our clients. From the initial search to settlement, we handle everything so our clients can focus on building generational wealth without the hassle.
If you’re considering your first investment property or looking to expand your portfolio, contact us today to see how we can help you achieve your investment goals.
