We assisted another Sydney-based investor in buying a house in a suburb north of Brisbane with a low vacancy rate and high growth potential.

Rianna Clarke (pictured), Roxanne Paterson and Tania McAlonan from Ray White Bracken Ridge worked with us on the negotiations and purchase of this property.

• Purchase price: $650,000

• Property type: 3 bedroom 1 bathroom 2 garage stand-alone home on a 625sqm block

• Location: Northern suburb of Brisbane

• Buyer: Sydney-based investor

• Gross rental yield: 4.24%

• Suburb vacancy rate: 0.7% (Dec 2021)

• Suburb median price: $650,001 (2021)

• 2021 growth: 23.8%

• Avg 20-year growth: 7.60%