A first-time buyer’s journey to extraordinary equity happens when you collaborate with an experienced property investment expert.
A young and ambitious 27-year-old came to us as he wanted to start his property investment career, but was confused and hesitant. He debated between renting and buying a home to reside in. Financial constraints initially restricted his alternatives.
However, with strategic direction and a thorough grasp of the marketplace, our client critically emphasized long-term wealth growth. He chose the rentvesting method, seeing the opportunity for short-term gain and the ability to establish a solid financial basis before purchasing an asset for personal use.
After consulting with us as his real estate advisor, he located a suitable home in Metro Perth. With a purchase price of $425k and a weekly rental income of $540, the property had an exceptional rental yield of 6.6%.
Prime Location:
Purchased at $425k, this 683 sqm land add a granny flat at the back or convert it into a spacious 4-bedroom, 2-bathroom lot offers a promising yield of 6.6% with a rental income of $540 per week. Located just 18 km from Perth CBD.
Accessibility to features: Walking distance to playgrounds, primary and secondary schools, parks, and shopping centers.
Connectivity: A 5-minute drive to the train station.
The Growth Corridor:
High Demand: A demand-supply ratio of 58 indicates strong demand, with more buyers than available properties.
Quick Sales: Properties here spend 52 days on the market, down from 79 days previously.
Limited Supply: Stock on the market is less than 1.13%.
Rental Appeal: Renters comprise 29% of the population, with a vacancy rate under 0.17%.
Are you eager to begin unlocking your investment potential?
Whether you’re investing or looking to diversify your portfolio, our knowledge can help you build significant generational wealth.
Never settle for less; adopt a plan that corresponds with your objectives. Till the next success story, peace out!
