Cleveland

Residential Purchase – Cleveland

Purpose of Purchase: Investors 

Property Type: House (4 Beds + 2 Baths + 2 Car Park)

Property Size: 393m²

Budget：$800k-$900k
Purchase Price: $820,000
Purchased on: Nov 2023
Yield and rental info:

• Rising capital growth – Current median value of houses in Cleveland has gone up to mid $800k
• Current rent at $770/wk

Property Feature:

• 4 bedder corner block house in a peaceful neighbourhood
• Proximity to shops, schools and amenities

Client Background:

– Interstate professional couple looking for an easy maintained property

– Has decent capital growth with stable rental income, prefer rental yield 4.5%+

We found this awesome deal for the client well below market price and the client is very happy with the result.