Not every journey begins with excitement—some begin with hesitation. And this story is a perfect example of what can happen when trust meets the right strategy.
Our client, a hardworking sole trader and devoted family man, came to us carrying the weight of a painful past experience. He had previously been involved in a development lending deal with someone he knew—and unfortunately, it ended badly. The fallout left him skeptical, guarded, and understandably cautious about stepping back into property.
But here’s the thing—we didn’t rush it. At IPG, we understand that strategy isn’t just about numbers; it’s about people. So, we took our time. We worked closely with him to craft a plan that respected his need for security while still helping him tap into the wealth-building potential of property. The result? A strategy that combines smart development potential with strong cash flow—and a property that’s already proving its worth.
We secured an 809 sqm site in Metro WA for $565,000, just 10.4 km from Perth’s CBD. Positioned within a high-growth corridor, the location ticked all the boxes—walking distance to schools, parks, a lake, two major shopping centres, and just 8 minutes to the nearest train station. Direct access to the city through two major roads only added to its appeal.
From a numbers perspective, the property delivered immediately. It rented out at $650 per week, generating a healthy 5.98% yield from day one. But the real kicker? The value has already grown by 21.59% in under 9 months—an uplift of nearly $122,000 in equity.
Development-wise, the options are strong. The site allows for flexibility—you can save the house and build one next door, or knock it down and build four townhouses, each potentially selling for around $840,000. That’s serious upside, and exactly the kind of potential that supports a long-term, scalable portfolio.
What gives us confidence in this location? The data. We’re in a true growth corridor. Demand is well above supply with a demand-supply ratio of 62. Properties are flying off the market in under 14 days (down from 46), and stock levels are extremely tight at just 0.17%. The vacancy rate sits below 0.15%, and renters make up 27% of the local population—ensuring strong, consistent demand for quality homes.
This purchase wasn’t just a win on paper. It was a win for trust, strategy, and long-term thinking. Today, that same client who came to us unsure is confidently back on the path to building his property portfolio—with a clear vision, a growth-focused strategy, and a team he trusts.
If you’ve been burned before, or you’re just starting out—know that you’re not alone. The right support can make all the difference.
Let’s chat property. Until the next purchase. Peace out!
