Regional NSW Investment: $40k Gain in 5 Months
- Purchase: $515,000 in June 2023
- Valuation in Jan 2024: $565,000
- ROI: $50,000 equity gain in 7 months
We secured this great low set brick and tile investment in one of Regional NSW’s largest cities.
Our client who was referred to us by a past client, came to us looking for guidance on strategy, location and advice on buying the right asset type.
After evaluating both on and off-market opportunities, we found this well positioned home on market and were able to successfully negotiate a price within our client’s budget. By teaming up with a reputable local property manager, we also ensured a tenant was selected and approved by settlement.
This is an excellent result for this first-time investor and a promising start to their portfolio.
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