Hillcrest

Residential Purchase – Hillcrest

Purpose of Purchase: Investors 

Property Type: Dual Living House (5 Beds + 3 Baths + 2 Car Park)

Property Size: 463m²

Budget：$800k-$850k
Purchase Price: $800,000
Purchased on: July 2023
Yield and rental info:

• Incredible combined rental of $920/wk, which the gross rental yield is close to 6% right after settlement
• Current estimated valuation has grown up to mid $800k 

Property Feature:

• Brand new 5 bedder lowset house built in 2023
• Easy access to local school, shops, parks and highways

Client Background:

• A local family of 4 have been looking for an investment in the past 6 months
• Looking for gross rental yield over 5%

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