Alan and Kristine's Journey

Alan and Kristine wanted an investment grade property in Ballarat to diversify their portfolio and generate income , so engaged our Ballarat buyers agent services to help.

BRIEF

Investor - purchase a low maintenance property with the ability to add value in time while delivering a strong yield. We were able to successfully purchase this property delivering a strong 5% yield in what is a highly competative market.

OUTCOME

Negotiated price: $10,000 under vendors quoted price
Secured: privately
Identified: some issues presented during due diligence period for consideration so we negotiated repairs before settlement.
Settlement outcome: settled

CASE STUDY

Bought Feb 2019 for $314,000

Valued Aug 2022 for $475,000

Capital Gain 51% in 3.5 years ! Or 17% per annum average

WANT TO BUY A PROPERTY SIMILAR TO THIS ONE?

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If you would like help to identify an ' investment grade' property like this one, whether it’s a family home or an investment property and you’re ready to get started, click here to book a time to discuss your requirements.

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