Success Story - Gaspard and Marie - PropHero

HAPPY CUSTOMERS: GASPARD & MARIE

23% return in only 10 months on a 4.4% yield

We helped Gaspard and Marie buy this property located in South Queensland. This house sitting on 600sqm is cash flow positive and already increased in value by 6%.

ABOUT THIS INVESTMENT

Gaspard and Marie had been wanting to invest in property for many years. They were looking at a ‘hybrid’ type of investment providing a good mix of positive cash flows AND strong capital gains potential.

About the property

Suburb insights

Financials

Success Story Title

$570,000

Est. Price

$400-$440

Est. Rent pw

3.8%

Est. Yield

8.4%

Hist. Suburb Growth

Investment highlights

Things to consider

Seller’s description

Ready to move in family home, with a unique and versatile detached structure currently being used as a functioning soundproof studio. The home is perfectly positioned and has been designed to offer the ideal blend of relaxed living, quality entertaining and all over privacy. Complete with an incredible opportunity to create the ideal office from home, options for the space are endless such as a home office, yoga studio, media room or perhaps a private tuition space.
The home itself is a fantastic starter home with 3 generous sized bedrooms and a neat and tidy bathroom ready for you to live in and make your own. The open plan living and dining area is complete with air-conditioning and ceiling fans and the whole house has beautiful timber flooring throughout. Complete with the added convenience of a separate laundry with direct external access plus an extra-large driveway to house all of your cars, this one is ticking all of your boxes.

You’ll simply love the location with shops, buses and parks within a short stroll…and you’re only a few minutes away from the heart of Strathpine and just a short drive to the University of the Sunshine Coast Moreton Bay Campus or Westfield North Lakes.

With so much to offer, this property will be in demand, so act quickly as this fantastic opportunity to purchase in this area will not wait for you.

Features

Map & Distances

vt

2.5km

0.7km

1.7km

19.3km

Due diligence checks

Example

LOW

LOW

LOW

LOW

Key indicators

3.2%

Hist. suburb rent growth

-18.0%

Stock change last 12 months

8.4%

Hist. suburb price growth

-0.3%

Vacancy rate

Suburb scores

The traffic and affluence is quite average in this area (we scored it 2). Very convenient, definitely suitable for families, this area has a very posh lifestyle (4), more than the average (2).

The supply/Demand ratio is super high (5) as well as the suburb growth (5): this is the best area to invest in!

Note: the national average is computed yearly

Price evolution

Suburb median selling price for 3-Bedroom houses

Rent evolution

Suburb median weekly rent for 3-Bedroom houses

Vacancy evolution

Suburb vacancy rate (%)

Investment highlights

Things to consider

Seller’s description

Ready to move in family home, with a unique and versatile detached structure currently being used as a functioning soundproof studio. The home is perfectly positioned and has been designed to offer the ideal blend of relaxed living, quality entertaining and all over privacy. Complete with an incredible opportunity to create the ideal office from home, options for the space are endless such as a home office, yoga studio, media room or perhaps a private tuition space.
The home itself is a fantastic starter home with 3 generous sized bedrooms and a neat and tidy bathroom ready for you to live in and make your own. The open plan living and dining area is complete with air-conditioning and ceiling fans and the whole house has beautiful timber flooring throughout. Complete with the added convenience of a separate laundry with direct external access plus an extra-large driveway to house all of your cars, this one is ticking all of your boxes.

You’ll simply love the location with shops, buses and parks within a short stroll…and you’re only a few minutes away from the heart of Strathpine and just a short drive to the University of the Sunshine Coast Moreton Bay Campus or Westfield North Lakes.

With so much to offer, this property will be in demand, so act quickly as this fantastic opportunity to purchase in this area will not wait for you.

Features

Key indicators

3.2%

Hist. suburb rent growth

-18.0%

Stock change last 12 months

8.4%

Hist. suburb price growth

-0.3%

Vacancy rate

Map & Distances

vt

2.5km

0.7km

1.7km

19.3km

Due diligence checks

Example

LOW

LOW

LOW

LOW

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