In the dynamic landscape of real estate investment, strategic decisions can lead to remarkable gains, as exemplified by our recent success story in Metro Perth. Our client’s journey from a negative and challenging portfolio to a lucrative acquisition highlights the power of sound strategy and informed decision-making. Through a keen eye for opportunities and thorough planning, we scored a duplex deal that not only secured substantial equity but also paved the way for significant capital gains within a short timeframe. Join us as we delve into the details of this remarkable journey and uncover the key insights driving success in today’s competitive property market.
Prime Location:
- Purchased two properties for $708K with a 1,015 sqm land lot; this offers a promising yield of 7.34% and a rental income of $1000 per week.
- Located in 17 km from Perth CBD.
- Accessibility to features: Walking distance to Lake, playground, primary and secondary school, parks, and two shopping centres.
- Connectivity: Only a 5-minute drive to the nearest train station. The property has easy access to major roads and highways, facilitating smooth travel to the city and surrounding suburbs.
The Growth Corridor:
Demand Supply Ratio: A compelling ratio of 57 highlights the substantial demand over available supply.
Days on Market: An average of 48 days on the market yields a quick turnover.
Stock on Market: At just 0.98%, indicating scarce availability.
Rental Appeal: With 29% renters and a vacancy rate of only 0.45%, the rental market is exceptionally robust.
Is building a robust property portfolio your goal? We’re here to help!
Know that you don’t have to be in a rush to reach your extraordinary goals. Plan and strategize along the way and make impactful decisions to grow. Seems challenging? We are here to help. Let us inspire you with more success stories and bring a tailored solution for you.
Don’t settle for mediocrity; collaborate with us to strategize and prosper in the dynamic world of real estate investment.
