Hillcrest

Residential Purchase – Hillcrest

Purpose of Purchase: Investor

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

Property Size: 448m²

Budget：$600k-$700k
Purchase Price: $590,000
Purchased in: May 2022
Yield and rental info:

Leased $600/wk in July 2023, Gross rental yield is 5.28%

Value increased over 10% within 12 months after settlement

Property Feature:

• 30 mins drive to Brisbane CBD and 40 mins drive to Gold Coast
• Spacious 4 bedder 2 bath with double garage lowset house was built in 2017 
• Located in the quiet neighborhood with easy access to all the amenities

Client Background:

• Had 1 vs 1 consultation with tailored property plan
• Busy professional with limited time and resources
• Looking for stable capital growth suburb with good rental yield

We secured this 5 years old house at $590k at Auction while the valuation guide is $605,000 – $677,000.