The Strategy
Focus on a modern, low-maintenance family home in an established suburb, while ensuring the
purchase price represents good value against comparable properties.
The Property
A modern 4-bedroom, 2-bathroom home with double car accommodation on approximately 375
sqm of land.
Why This Property Stood Out
The property offered a combination of modern living, family appeal, practical accommodation
and proximity to everyday amenities — all important factors for attracting and retaining quality
tenants.
The Research
Our assessment considered comparable property values, rental prospects, property condition,
land size, location, and overall suitability for the investment strategy. The comparable value of
approximately $745,000 indicated a meaningful gap against the $706,000 purchase price.
The Negotiation
The property was secured at $706,000, providing a purchase position below the assessed
comparable value.
A modern, low-maintenance family home in an established family-oriented suburb, with
convenient access to local amenities. The combination of modern construction, functional
4-bedroom accommodation and strong rental appeal provides a solid foundation for long-term
investment.
The Outcome
Purchased: $706,000 | Comparable Value: $745,000 | Rent: $630/week | Yield: 4.64%
A well-positioned metro investment combining modern construction, family appeal and a
purchase price below comparable value.
A modern family home secured for $706,000, with an estimated rental return of $630 per week
and an approximate gross yield of 4.64%.