Brisbane, QLD

Client Brief

The client was looking to add a cash flow positive property to their portfolio. They also wanted a property which wouldn’t require any maintenance work and had the potential for a granny flat build further down the track.

The numbers

  • Purchase price: $322,000
  • Purchase date: May 2021
  • Value today (9/21): 385,000
  • Capital growth: 18% growth in 5 months.
  • Rental yield: 6.62%
  • Rent: $410 per week

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