Lake Macquarie Investment: $20k Gain in 8 Months
- Purchase: $870,000 in May 2023
- Valuation in Jan 2024: $890,000
- ROI: $20,000 equity gain in 8 months
This investment property in Lake Macquarie was our second purchase on the street and with good reason. Our recent experience buying in these particular pockets has seen solid growth for our clients who purchased here only recently.
This property is yielding over 4% and is in a location we are confident will continue to see excellent growth due to strong demand, affordability, planned investment/development and lifestyle related migration.
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