- Purchase: $785,000 in December 2022
- Valuation in January 2024: $855,000
- ROI: $70,000 equity gain in 13 months
We helped our client purchase their Sydney family home a few years back and they turned to our team again to assist them with strategically growing their existing property portfolio. With assets in Sydney and Melbourne, we wanted to continue to diversify their holdings and decided on a growing pocket of Newcastle as a great option.
After assessing many options, we were presented with this off market property that has fantastic value upside via the addition of a street facing secondary dwelling.
We remain optimistic on the investment credentials of Newcastle and will continue placing our clients into quality pockets of the city.