Rachel & Andrew, a young professional couple entering into their investment journey. With no properties in their
portfolio yet, we will be building a strong foundation for wealth creation with a purchase price range of $350,000 to $450,000 targeting a high growth cash flow positive property.
It’s with great pleasure to present
The value in the markers current growth cycle was at it’s lowest in February 2020 at $198,000
The recent median price drive increase over the last quarter shows an upward trajectory in value with signs or trends continuing.
This trending decline tells us there is a need for demographic moving into the area. The lack of supply is and continue to result in rent return and market growth.
A reduction in days on markets indicates that pent up demand is causing property in the areas to sell at vendors expectations, which empowers the local property economy.
The reduction of new listings tells us that vendors are realising the values of thier properties, and are therefore holding their assets.
As the market here begins to grown, the difference between the asking price and accepted price shows less and less discounting is being negotiated. This is because the market values are becoming regognised for it’s potential future value
Asking Price
Market Value
Potential Rent
Potential Yield
$389,000
$395,000
$500 p/w
6.7% Gross