This 3-bedroom house is located 12km north of Brisbane CBD. It was secured utilising an investment strategy to buy and hold for 5-10 years, then redevelop, add value and appeal to this sizeable block. The aim of this strategy is long-term capital growth.

• Purchase price: $842,500

• Property type: 3 bed, 1 bath, 1 carport house on a 607sqm block

• Location: 12km north of Brisbane CBD (suburb undergoing gentrification)

• Buyer: Sydney-based investor

• Rental appraisal: $525 per week

• Gross rental yield: 3.24%

• Suburb vacancy rate: 0.6% (Mar 2022)

• Suburb median price: $959,150

• 2021 Suburb growth: 22%

• Average 20-year growth: 9.29%