Zhe is aiming to purchase 2 properties in the year, in safe markets. Zhe has an investment property which creates $23,400 gross income per year. Our aim is for high growth. We will be helping in creating a strong foundation for wealth creation with a purchase buying budget of $450,000 targeting a high growth cash flow positive property.
It’s with great pleasure to present
The markets movement over the past year, paired with supportive driving data shows us there is good growth to come. In the last quarter the market has risen 9.7% and will continue to.
The fall in days on market (DOM) shows that market conditions are heating up which will result in market buyers seeing the potential in the market.
As properties begin to grow in value, vendors are realising the interest in the market and discounting less and negotioations begin to tighten up.
As we are looking for a possitively geared property, yielding will need to be considered. We can expect this to rise due to the supporting data.
The increasing number of listing tells us that this markets has not yet met its full growth potential. Once listings start to reduce, demand will increase and competition will drive price further.
As vendors begin to realise the markets potential, savvy owners are putting thier properties on the market to get in on the action. This is expected to turn in the next 4 to 6 month as values rise.
Asking Price
Market Value
Potential Rent
Potential Yield
$449,000
$470,000
$520 p/w
6.0% Gross