- Purchase: $680,000 in April 2022
- Valuation in Jan 2024: $840,000
- ROI: $160,000 equity gain in 20 months
We purchased this investment grade property in a suburb with high owner occupier ownership, low vacancy rates and tight stock on market. This particular suburb also has projected deficiency in housing supply for the years ahead.
It’s a great low maintenance, brick and tile home in excellent condition, ready for tenants to move in.
