Young Banker Secures Second Strategic Asset

Seeking portfolio expansion without exposure to high maintenance costs, this young banking professional acquired a second property in a high-demand corridor. The purchase strengthened both equity growth positioning and serviceability for future acquisitions.

• 
  Purchase Month:
  November, 2024
• 
  Months Owned:
  15
• 
  Purchase Price:
  $585,000
• 
  Gross Rental Yield (%):
  5.78%
• 
  Current Bank Value:
  $727,000
• 
  Total Capital Growth:
  $142,000
• 
  Capital Growth Per Month:
  $9,467
• 
  Annualised Growth (%):
  19.42%
• 
  Capital Growth (%):
  24.27%
• 
  Configuration:
  3 Bedrooms / 2 Bathrooms / 2 Carspaces
• 
  Land Size (Sqm):
  482 sqm