Our Client Two Melbourne-based sisters, were initially hesitant about investing outside their home state of Victoria. After comparing potential growth and rental returns, they decided to explore interstate opportunities and landed on a property in Perth. Seven months ago, they purchased a property for $545,000, which has since appreciated to $670,000 a remarkable 23% growth. With a rental yield of 5.91%, this property is also primed for further income potential by converting it into a dual-income property, which could push the yield up to 8%. Located near key amenities and with excellent access to the city, this investment demonstrates how stepping outside familiar markets can lead to significant financial rewards.
Prime Location:
Purchased at $545k, this 716 sqm and offers a promising yield of 5.91% with a rental income of $620 per week.
Accessibility to features: 21 km from Perth CBD. Walking distance to Lake, playground, primary and secondary school, parks and a major shopping centre
Connectivity: 5 mins drive to the train station. Easy access to city via direct access through 2 major roads which is 5 mins drive from the place.
In the growth corridor, 100%
The Growth Corridor:
High Demand: A demand-supply ratio of 59 indicates strong demand, with more buyers than available properties.
Quick Sales: Properties here spend 22 days on the market, down from 86 days previously.
Limited Supply: Stock on the market is less than 0.2%.
Rental Appeal: Renters comprise 29% of the population, with a vacancy rate under 0.13%
Are you ready to start maximizing your investment potential?
Our client’s success story shows what’s possible with a strategic approach to property investing. Whether you’re looking to make your first investment or expand your existing portfolio, we’re here to help you achieve your financial dreams and secure long-term wealth. Don’t compromise, choose a strategy that fits your goals. Here’s to your next achievement, until then, happy investing.
