UK Expat Secures Foundational $500k Asset

With a strict ~$500k brief, this disciplined purchase was secured in a growing Melbourne fringe location. The property formed a foundational asset designed to unlock future equity and portfolio scale.

• 
  Purchase Month:
  May, 2024
• 
  Months Owned:
  20
• 
  Purchase Price:
  $465,000
• 
  Gross Rental Yield (%):
  5.03%
• 
  Current Bank Value:
  $587,000
• 
  Total Capital Growth:
  $122,000
• 
  Capital Growth Per Month:
  $5,810
• 
  Annualised Growth (%):
  14.99%
• 
  Capital Growth (%):
  26.24%
• 
  Configuration:
  3 Bedrooms / 1 Bathroom / 2 Carspaces
• 
  Land Size (Sqm):
  578 sqm