In early 2024, a young Melbourne-based family took a bold step to transform their financial future by investing in a $520,000 property in Metro Perth. Today, that property has skyrocketed in value by an impressive 34.2%, reaching almost $698,000. This success story is more than just numbers—it’s a testament to the power of strategic investing in one of Australia’s most promising growth corridors.
The client, a banker with a young family, had grown weary of witnessing poor property decisions in his profession. Constantly nervous about making the wrong move, he tirelessly researched Melbourne’s property market only to find negatively geared options that drained lifestyle quality. His dream was simple yet powerful: pay off his home debt, build a bigger and better house complete with a pool, and create a life his family could enjoy without financial stress.
When he came to us, he was burnt out from working long hours, yet his dreams felt out of reach. That’s when we stepped in, analyzing his portfolio and crafting a custom strategy. The property he acquired wasn’t just any purchase—it was a full-scale development site spanning 857 sqm, brimming with potential. We outlined a plan to subdivide the land, build a stunning new home with a pool, and sell the front portion to create equity. This strategy not only paved the way for a debt-free property within three years but also ensured they could afford their dream home guilt-free.
Located just 19 km from Perth’s CBD, this property is more than an investment—it’s a goldmine. With a weekly rental income of $560, yielding a strong 5.6%, and a rental review poised to push it to $600, it’s already a lucrative asset. The area offers unparalleled convenience, with a lake, parks, schools, shopping centers, and a train station all within walking distance. Easy access to the city via major roads just five minutes away makes it a prime location for families and professionals alike.
What makes this property’s location even more remarkable is its position in Perth’s growth corridor. With a demand-to-supply ratio of 64, properties here are hot commodities. Homes now spend under 18 days on the market, a sharp improvement from the previous 62 days. Stock availability is a minuscule 0.12%, vacancy rates are under 0.2%, and renters make up 28% of the population. All signs point to sustained value growth and rental demand, cementing the area’s reputation as an investor’s dream.
This family’s story isn’t just about buying a property; it’s about rewriting their financial narrative. From contemplating selling and upgrading to now having a clear path to financial freedom and a luxurious lifestyle, they’ve turned anxiety into achievement.
If you’re ready to make your property dreams a reality, let’s talk. The right strategy could take you from where you are now to where you’ve always wanted to be. Your success story could be next.
