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$300k
Purchase Price
$320k
Appraised Value
6.0%
Target Yield
Great neat and tidy low maintenance property on a large block allowing for development down the track .
Vacancy Rate of only 1.8%
3 year growth projection 22%
Plenty to like about this location with over 1 billion on government and private spending to underpin the local economy.
$380k
Purchase Price
$400k
Appraised Value
5%
Target Yield
Based on our research we estimate this area is going to grow in value 6.6% over the next year.
This location has great population growth (currently averaging 5.5% per year), very compelling public works and spending + it has very little new properties in the pipeline (only 2.5% per year!).
In simple terms - little supply but great demand!