Our client is an experienced property investor, aimed to expand her portfolio using a strategic buy-and-hold approach. Eight months ago, she acquired a property for $490,000, and it has since appreciated by 17%, now valued at $575,000. With a rental income of $530 per week and a 5.62% yield, the property holds further potential. Planned rent increases will raise the yield to 6.1%, while converting the property into a four-bedroom, two-bathroom layout could push its value to over $640,000. Strategically located in a growth corridor near schools, parks, and public transport, Melika’s investment is well-positioned for continued success.
Prime Location:
Purchased at $490k, this 908 sqm Property can be converted into a multi-unit site and offers a promising yield of 5.6% with a rental income of $530 per week.
Accessibility to features: Walking distance to playground, primary and secondary school, parks and shopping center
Connectivity: 3 mins walk to the train station – Easy access to city via direct access through 2 major roads
In the growth corridor, 100%
The Growth Corridor:
High Demand: A demand-supply ratio of 62 indicates strong demand, with more buyers than available properties.
Quick Sales: Properties here spend 21 days on the market, down from 67 days previously.
Limited Supply: Stock on the market is less than 0.12%.
Rental Appeal: Renters comprise 33% of the population, with a vacancy rate under 0.17%.
Ready to unleash your full investment potential?
Discover how our client’s recent $490K investment has transformed into a $575K asset in just 8 months, achieving a stunning 17% growth. Whether you’re starting your investment journey or seeking to enhance your portfolio, our expertise can turn your ambitions into reality. Elevate your investment game—let’s create a success story that’s as extraordinary as your goals!
