In just 24 years, our client has embarked on a successful property investment journey. Seven months ago, she purchased her first property for $495,000, and it has already appreciated to $584,000 an impressive 18% growth in under a year. With a rental yield of 5.8%, she’s poised for further gains as her portfolio expands. This corner lot also has development potential, with options to build a granny flat or subdivide into a multi-unit site, enhancing both the property’s value and her investment strategy. Situated in a prime growth corridor near schools and transport, she is on track to fast track her financial goals and retire early.
Prime Location:
Purchased at $495k, this 700 sqm and offers a promising yield of 5.8% with a rental income of $550 per week.
Accessibility to features: In between schools, shopping centre and aquatic centre. 22 km from Perth CBD
Connectivity: 5 mins walk to the train station, easy access to city via 2 major roads
In the growth corridor, 100%
The Growth Corridor:
High Demand: A demand-supply ratio of 63 indicates strong demand, with more buyers than available properties.
Quick Sales: Properties here spend 19 days on the market, down from 66 days previously.
Limited Supply: Stock on the market is less than 0.12%.
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