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