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Westminster Investment Success: $410k Acquisition, 7.41% Yield, and $650k Valuation

Purchase Price
$410,000
Est Value
$650,000
Yield
7.41%

Our client & his family, with a vision for financial security, initially faced challenges navigating the property market alone, having encountered disappointing investments. Seeking a trusted partnership, the client chose our team for our commitment to shared accountability and long-term relationships. Through meticulous strategy sessions, we outlined a path for him to achieve his goal of retiring in under seven years through strategic property acquisitions.

After three months of dedicated search and analysis, we identified a property that met the criteria and presented an opportunity for significant equity growth through renovation and strategic positioning in a high-demand growth corridor.

Prime Location: 

I purchased 410K with 729 sqm in the R40/R60 zone, a 3/4-unit site land lot that offers a promising yield of 7.41% with a rental income of $570 per week.

It is located 10 km from Perth CBD.

Accessibility to features:  Walking distance to primary and secondary schools, parks, and shopping centers 

Connectivity:  Easy access to the city via direct access through 2 major roads, 5- 5 minutes drive from the place. In the growth corridor, 100%.

The Growth Corridor:

Demand Supply Ratio: A compelling ratio of 64 highlights the substantial demand over available supply.

Days on Market: An average of 34 days on the market yields a quick turnover.

Stock on Market: At just 0.84%, indicating scarce availability.

Rental Appeal: The rental market is exceptionally robust, with 37% renters and a vacancy rate of only 0.48%.

Is building a robust property portfolio your goal? We’re here to help!

If our clients’ journeys inspire you, don’t hesitate to reach out. Whether you’re taking your first steps in property investment or looking to expand your investment portfolio, our tailored strategies can boost you towards significant generational wealth. 

Don’t be part of the 95% who stagnate; strategize and succeed with us.