Below is the timeline of the journey a client undertook with a QPIA – Equimax Property Investment Advisor.

Strategy Guidelines

High yielding investment with strong to good growth potential. Relatively low risk and very low vacancy. Open to looking outside of home state Australia Wide.

Timeline

• Purchase price bracket $590k -$620k 
• Acquired land in May 2022 for $170k
• Purchase price of a dual key $430k (2 dwellings 3bedrrom and a 2bedroom unit) 
• Construction started August 2022 and completed in Dec 2023
• Total Investment from the client $130,000 + Bank mortgage of $480,000

A couple of the key location factors

• High owner-occupier dominated suburb with only 12% of properties as rentals accommodation in the area
• Convenient location
• Walking distance to shopping village: Woolworths, childcare, specialty stores, amenities, hotel
• Lifestyle Location in high growth zone 
• Limited Land and homes available