Our Buyers Agent, Euan Rose, on behalf of first time PROPERTYOLOGY clients Matt and Teri, recently secured this large, well-presented 4 bedroom, 2 bathroom home for only $405,000,
These Sydney based investors, first contacted us earlier this year seeking professional advice and assistance in building a diverse and sustainable property portfolio.
After several discussions and careful consideration given to the clients risk profile, as well as their personal capital and cash-flow position, PROPERTYOLOGY formally recommended this particular location for their first investment purchase. As well as having a strong economic outlook, this location has several major infrastructure projects which are in final approval stages and indicate continued positive net job creation for the foreseeable future.
This local demand, coupled with limited and well controlled supply and a general increase in buyer activity in recent months has seen the property market in this location out-perform much of Australia over the last 12 months.
The property itself is centrally located and situated on a quiet street in a very desirable pocket of town. Throughout it is well presented with very few short term expenses anticipated. The low maintenance fully fenced yard will appeal to the local demographic from both a rental and resale perspective.
With an anticipated rental yield of over 5%, overall we are confident this is an excellent first investment property and a great way to kick start your portfolio Matt and Teri.
Euan Rose joined the Propertyology Team as a Buyer's Agent in August 2015. Euan is an exceptionally talented professional who is always prepared to do whatever it takes. Euan has a Masters Degree in Strength & Conditioning, and has held senior project management roles across various industries.