Examples of some real properties we have purchased and the savings we have made for our clients
Kyle Road, Altona North
- Purchase Price: $752,000
- Market Value at Settlement: $854,000
- Initial Saving: $102,000
- Equity: 11.9%
- Rent: $680 pw
- Gross Rent Yield: 4.7%
Apt/421 Docklands Drive, Docklands
- Purchase Price: $414,000
- Rent: $580 pw ($30,160 pa)
- Total outgoings (excl loan): $7,100 pa
- Gross Rent Yield: 7.28%
- Net Rent Yield: 5.57% approx
18-30 Oakover Road, Preston
- Purchase Price: $905,000
- Market Value: $960,000
- Initial Saving: $55,000
- Rent: $800-850 pw
Apartment 4, Newport
- Purchase Price: $626,050
- Market Value: $659,000
- Initial Saving: $32,950
- Saving %: 5%
- Anticipated Rent: $570pw
- Gross Rent Yield: 4.73%
Unit 4 – Park Road, Cheltenham
- Purchase Price: $408,500
- Market Value: $430,000
- Initial Saving: $21,500
- Saving %: 5%
- Valuation at Settlement: $455,000
- Equity: $46,500
- Equity %: 10.22%
88 Wattle – Hampstead Park, Maidstone
- Purchase Price: $696,575
- Market Value: $745,000
- Initial Saving: $48,425
- Saving %: 6.79%
- Rent: $680 pw
- Gross Rent Yield: 5.07%
- Resale at Settlement: $891,000
- Equity: $194,425
- Equity %: 21.8%
Unit 13 – Maroona Road, Carnegie
- Purchase Price: $512,607
- Sworn Valuation: $540,000
- Initial Saving: $27,643
- Saving %: 5.12%
- Rent: $430 pw
- Gross Rent Yield: 4.36%
- Resale at Settlement: $550,000
- Equity: $37,393
- Equity %: 6.8%
Unit 3.06 – Bent St, Bentleigh
- Purchase Price: $620,299
- Market Value: $665,000
- Initial Saving: $44,701
- Saving %: 6.72%
- Rent: $575 pw
- Gross Rent Yield: 4.82%