From $80k to Several Properties: The Path of Effective Real Estate Investment

Purchase Price

It all started with a mere $80,000 in cash, a desire for financial independence, and a series of failures. But Tony was undeterred. He saw possibilities where others saw difficulties, and he set out on a quest that would change his financial destiny. 

His most recent triumph? The purchase of a treasure at 10 Astinal Drive, Gosnells, WA, for a mere $420K. The imagination behind this home raises it beyond just walls and mortar. A large 731 sqm. plot of land with a weekly rental revenue of $500 yields a fantastic 6.2%. Our part in the process went beyond transaction facilitation; we acted as his mentor, providing vital information about trends in the market, property value, and investment strategy. Our collaborative approach enabled our client to arrive at informed choices, reduce risks, and seize new opportunities.

Prime Location:

Purchased at $420k, this 731 sqm land lot offers a promising yield of 6.19% with a rental income of $500 per week.

It is located just 17 km from Perth CBD.

Accessibility to features: Walking distance to playgrounds, schools, parks, a hospital, and a lake.

Connectivity: A 5-minute drive to the train station.

The Growth Corridor:

High Demand: A demand-supply ratio of 57 indicates strong demand, with more buyers than available properties.

Quick Sales: Properties here spend 48 days on the market, down from 79 days previously.

Limited Supply: Stock on the market is less than 0.98%.

Rental Appeal: Renters comprise 29% of the population, with a vacancy rate under 0.45%.

Are you eager to boost your investment potential? 

Discuss how this client’s success story matches your desire to grow wealth investing. 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!