Interstate Mum & Dad Investors Build Family Wealth
Client Profile:
Our clients, living interstate and purchasing their first investment property, wanted a versatile property that they could potentially live in if needed. Their goal was to secure a property on a large block in a town showing promising growth for the region.
Comprehensive Full Service Package Provided:
- Needs analysis & research
- Comprehensive property search
- Shortlisting & due diligence
- Yield and growth analysis
- Negotiation and acquisition
- Building & pest inspection with outcome review and negotiation
- Coordination with solicitors and agents
- Support through settlement and securing a property manager
- Pre-settlement inspections
Client Brief:
| Requirement | Details |
|---|---|
| Minimum | 2 Bed, 1 Bath |
| Location | High growth area |
| Block Size | Good-sized block |
| Condition | Minimal maintenance, open to minor renovations |
| Target Yield | Above 3.5% – 4% |
| Budget | $300,000 – $450,000 |
The Result (Secured in 19 Days):
| Property Details | Value |
|---|---|
| Purchase Price | $376,000 |
| Property Type | 3 Bed, 2 Bath, 2 Car |
| Land Size | 804m² |
| Yield | Over 5.9% |
| Growth Since Purchase | 12% |
Property Highlights:
This traditional high-set home exceeded expectations, offering a high yield and substantial growth potential, all within the client’s budget.
- Condition: Immaculate upstairs with polished floors, fresh paint, and new lighting throughout
- Living Spaces: Open-plan living and dining areas with plenty of natural light
- Kitchen: Renovated and modern, perfect for family use or entertaining
- Bedrooms: 3 spacious rooms, two with built-in wardrobes, all with air conditioning
- Bathrooms: Beautifully renovated main bathroom with walk-in shower and separate toilet
- Downstairs Features: Single garage, workshop area, ample storage, multi-purpose room, and second shower and toilet
- Outdoor Area: Large fenced yard with side access, offering space for a pool or shed
Outcome:
This property offers strong yield and capital growth potential, ideal for both investment and potential owner-occupancy. It has already demonstrated 12% growth since purchase, securing an exceptional entry point into the market for our clients.
