This amazing property was purchased in Western Australia for Sydney based clients. They were first time investors starting their portfolio.
This property was secured in a multi-offer situation with 5 offers even prior to the open home. The property was listed for offers over $499k. We secured this leveraging our experience with buying in rising markets with tough competition. The goal is to put our clients at the front of the queue and this has paid off given the tight market, capital growth in order and the strong rental returns on offer.
It’s a 4 bed, 2 bath and 2 car spaces’ property on a 600sqm block. It’s located around an hour drive from Perth CBD. The market rent is $650 per week
✅ $574,000 purchase price
✅ 5.88% rental yield
✅ 0.9% vacancy rate
✅ 600sqm block
✅ 48.2 km to the CBD
✅ Strategy: Capital Growth and Cashflow
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