We sourced, negotiated and secured this 2 bedroom resort living apartment on the Sunshine Coast for a first-time investor from NSW.

• Purchase price: $407,900 (settled Jan 2021)

• Property type: Resort living apartment - 2 bed, 1MPR, 2 bath, 1 car

• Location: Sunshine Coast, QLD - high demand, growth suburb

• Buyer: First-time investor from NSW

• Gross rental yield: 5% (or $390pw)

• Suburb vacancy rate: 0.6%

• Suburb median price: $377,500

• 2021 growth: 21.15%