Big and Brutal
Sometimes its size that counts…when it comes to Real Estate growth!
Post GFC Sydney had had a tough time of it growth was flat or backwards for some and supply came to a grinding halt…resulting in the biggest under-supply we had ever seen!
The rents went up drastically first with some suburbs in Sydney having 6% plus yield which is unheard of! To us that sent a sharp signal that investing in Australias largest city made a lot of sense.
And as you can see below the big “Market Forces” created a good result. Its not the prettiest property in the world but the numbers made sense.
- Property Type: Townhouse
- Attributes: 3x1x2
- Purchase Date: 22/10/2012
- Purchase Price: $304,500.00
- Latest Value: $503,862
- Equity Gain: $199,362
- Rent Now: $380
- Yield: 6.4% on Purchase Price
How we chose this property:
- Massive Undersupply
- Yield Variation
- Great price point
- Market Timing
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