Daniel's Journey

Daniel had relocated to Australia and not knowing the market or the rules of real estate law,  as an expat I needed help to buy a property in Melbourne that would also act an investment property in the future.

BRIEF

• Owner Occupier - To buy a property within 8kms of the Melbourne CBD where the best opportunity for capital growth would be and working to a tight budget

OUTCOME

• Negotiated price:        $10,000 below asking price
• Secured:                      off market, below budget and in a desired suburb
• Identified:                    $500 in hidden property repairs during due diligence period
•  
• Settlement outcome:  repairs were attended to due to the strict contract clauses we used and the additional negotiations we attended to on behalf of our client

• Client testimonial:  " Miriam assisted me in establishing what type of property I really wanted (owner occupier but with strong capital growth potential) and also gave me a realistic idea of what I could expect from the market for my budget. We identified a search area and within a couple of weeks we found the property that ticked all the boxes. The purchase of the property was not smooth due to a very frustrating vendor team but Miriam’s resilience and negotiating skills shone through. Finally, we managed to close the deal before the property went to market and at what I believe to be a very good price which was within my budget. I am now the owner of the first property in what I hope will be an extensive portfolio.

  I now see Miriam as part of my ‘team’ and her advice and services will certainly be used on my future purchases.

• RETURNS

• *KINGSVILLE

               Bought May 2014:    $490,000

               Value     Oct 2017:    $725,000

               Capital Growth :        48 % capital growth in 3 years

WANT TO BUY A PROPERTY SIMILAR TO THIS ONE?

As professional property buyers agents we know the difference between a bad property and a good one and where to buy to generate the strongest return on your money. 

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.

It’s 100% obligation free