Case Study #1
Property Description: 3 Bedroom, 1 Bath, weatherboard and tin
Strategies: Subdivide, Renovate, Cosmetic Renovation, Capital Growth, Under Market Value
Price: $310,000
Est Market Value: $344,100
Rent: $270pw
Yield: 4.7%
Annual Growth: 11.6%
Vacancy Rate: 0.7%
Landsize: 640m2
Bedrooms: 3
Bathrooms: 1
Car Spaces: 4
Concrete Porch | Apartment Views | Bright Living Room |
---|---|---|
Family Viewing House | Modern Kitchen | House Viewing |
Case Study #1
Surrounding Environment: This property is well situated in an area that is going through a strong socio-economic transition. 5 minutes from major transport links and supermarkets. Area undergoing gentrification and increasing in demand.
Economic Drivers: This region is undergoing a huge economic boom, through major infrastructure projects, as well as enticing business incentives, and much sought after lifestyle advantages. The region is in high demand, which is driving property prices up, and keeping rental vacancies down to some of the lowest figures in the country.
Who this would suit: Investors looking for strong value add propositions to increase equity.