Thornlands

Residential Purchase – Thornlands

Purpose of Purchase: Investors 

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

Property Size: 423m²

Budget：$1-1.1M
Purchase Price:$850,000
Purchased on: Nov 2023
Yield and rental info:

• Rented at  $750/wk since Dec 2023, which the gross rental yield is around 4.6%
• Current estimated valuation has grown up to early to mid $900k 

Property Feature:

• 4 bedder lowset house built in 2017 
• Easy access to local school, shops, parks and highways

Client Background:

• An interstate investor looking for an easy maintained property
• Has decent capital growth with stable rental income

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