• Purchase: $907,000 in May 2023
  • Valuation in January 2024: $935,000
  • ROI: $28,000 equity gain in 8 months

We purchased this charming property in one of our favourite and vibrant streets in Newcastle. With close proximity to the CBD, it was a perfect diversification choice for our experienced investor clients. There is also potential to add a granny flat down the track to further enhance value.

This investment yields over 4% and is in a location which our team are confident will continue to see excellent growth due to strong demand, affordability, planned investment and development and lifestyle related migration.