Where and what to buy…
In order to be a successful property investor you need to know how to buy the right property in the right area.
By that we mean high-yielding property in a location with excellent long-term capital growth potential.
For us that location is South-East Queensland [SEQ] – in particular the growth corridor between Brisbane and the Gold Coast.
We recently wrote a detailed article on why we [and many others] are big fans of SEQ – you can read all the details here
In terms of what to buy, we can help too – starting today we’ll be featuring a number of examples of the types of investment opportunities available in the exciting SEQ region.
You’ll notice the majority of properties we source are brand new ‘turn-key’ dual income house & land packages – there’s a very good reason for this which we explain in this article.
In short, it just comes down to numbers – when purchased in the right areas these high-yielding properties can give you outstanding returns; both in terms of cash flow and capital growth.
Below is a hand-picked dual income property located in Coomera [SEQ] for your consideration;
Note: We’re not the only ones with access to these deals, and since the Sydney and Melbourne property markets have peaked, SEQ has been getting more attention in the media – so the word is getting out… What this means is overall there is less stock available and the uptake is pretty fast – many properties sell within 1-2 weeks of being released. So if you are interested in any of the deals we send through please contact us immediately so we can put a temporary hold on them for you.
3+3 DUPLEX PROPERTY: *SOLD*
Lot 367, Velox Circuit, Coomera, Gold Coast QLD
Property Analysis
A fixed price turn-key dual income property located in the suburb of Coomera in the Gold Coast.
This cash flow positive 3+3 Duplex [6br/4b/2c] comes on one title, and can be subdivided after settlement into two separately titled properties giving you an instant equity uplift.
Here’s how the numbers look;
| Purchase Details | |
| House Price: | $387,500 [270 sqm] |
| Land Price: | $349,000 [1,000 sqm] |
| TOTAL PRICE: | $736,500 [includes titling fees] |
| Rental Details | |
| Rent: | $780-820 pw [5.50 – 5.79% yield] |
| CASH FLOW: | +$168 pw |
| Re-Titling Details | |
| Titling Fees: | Included in purchase price |
| Property 1 Value: | $380,000 – $400,000 |
| Property 2 Value: | $380,000 – $400,000 |
| TOTAL NEW VALUE: | $760,000 – $800,000 |
| EQUITY UPLIFT: | $23,500 – $63,500 |
SUMMARY:
This property is cash flow positive $168/week in the first year, plus you get a $23-63K equity uplift after re-titling.
To purchase this property, you will need approximately $110-180K in available equity or cash [depending on your loan size]
Area Analysis
Coomera
Coomera is a suburb of the Gold Coast in South-East Queensland [SEQ]. According to hotspotting.com.au Gold Coast is currently the number 1 growth market in Australia.
Strong infrastructure spending is the major catalyst for the recent revival in the Gold Coast market with the inland housing markets poised to achieve strong price growth this year and beyond. In particular, the northern growth corridor stretching towards Brisbane which includes the suburbs Coomera and Pimpama.
South-East Queensland
Property powerhouse John McGrath says there’s only one place in all of Australasia to be buying real estate right now – and that’s in South-East Queensland. To read why he and many other experts are so keen on SEQ click here
TAKING THE NEXT STEP…
We’ll provide you with all of the details you need to make an informed investment decision. This includes a detailed Property Investment Analysis [PIA] report, property brochure, site plan, inclusions list, a rental and sales appraisal from local real estate agents, area research reports and any other relevant supporting information.
To secure this property you will need to complete a simple Expression of Interest [EOI] form and pay a refundable holding deposit [usually $1,000]. Your offer is also subject to finance so it is not binding should you not be able to get your finance pre-approved.
>> If you would like to enquire about this property please call Sam on 0411 431 391
IMPORTANT:
Unlike other property groups out there we don’t develop and on-sell our own property, instead we go to great lengths to ensure the properties and areas we recommend have the greatest chance of out-performing the broader market. That’s why we avoid apartments, projects where there are too many investors, and areas that are reliant upon one industry, such as mining towns. We’ve built up a strong network of developers and builders around Australia and have worked hard to source these properties.
We only work with reputable builders who get the job done, so build times are usually 180 days or less. The properties are also 100% turn-key and ready for tenants to immediately occupy – standard inclusions are; air-conditioning, blinds, security screens, full landscaping, fences, antennas and a letterbox. All council fees and charges [soil test and engineering] are covered by the builder and you get a 12-month maintenance period [for any defects] and a 20-year structural guarantee. There’s no hidden costs, surprises or extras for you to organise. We can also help you find an excellent local property manager and arrange to have a full depreciation schedule completed at the end of the build.
Cheers
Sam C
Real Investar
Property Investment Advisor
0411 431 391
sam@realinvestar.com.au
The above information and service is provided by Urbantech Property Pty Ltd [ABN: 65 127 477 490] trading as Real Investar. Real Investar is the provider of generalised property investment education and advice, not financial advice or credit advice.