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Recently purchased this low maintenance home for a client under a SMSF in Regional QLD.
Here are some numbers:
✔Purchase price: 512K
✔Tenanted at 520/week ( market rent : 550/week)
✔ Built 2023 - only 1 year old! (property purchased in an established suburb)
❌No flood
❌No bushfire
✔Quiet street
Suburb stats:
✔Vacancy rate: 1.2%
✔Days on market : From 54 to 35 days over the last 6 months
✔Inventory levels: From 3.09 to 2.43 months over the last 6 months
✔10 year growth : ~1% /annum (suburb is undervalued and has potential)
✔Strong affordability
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