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Regional VIC Investment: $15k Gain in 7 Months
August 2023
$ 570,000 in June 2023
Purchase
$585,000
Valuation in Jan 2024
$15,000 equity gain in 7 months
ROI
Off market
- Purchase: $ 570,000 in June 2023
- Valuation in Jan 2024: $585,000
- ROI: $15,000 equity gain in 7 months
A great property portfolio kickstart for a young first-time investor; a low maintenance home on a large corner block with dual street frontage.
We purchased this under $570K and expect it to lease for $500 per week.
Due to our long-standing relationship with the selling agent, we were the only buyer to inspect this property and quickly negotiated an off-market price before any other potential buyers came through.
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