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Recently secured this property for a client in Regional QLD.
My clients were a young couple who had their principal place of residence in Western Sydney and were looking to venture into property investment.
They wanted to keep their first investment under 500K.
The property was purchased in a super heated market in Central QLD where prices are expected to rise sharply over the next few years.
The property was purchased in an area with very low stock levels and rising demand from locals in the area and interstate investors.
Here are some numbers:
Purchase price : $435,500
Currently tenanted till Mar 2025 at 390/week
From Mar 2025 rents can be increased to 430/week
More growth is expected in this suburb over the next few years based on the strong data points for this area.
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