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Case Study October 2023
Investment property sourced, negotiated and secured by EKR Property
3 bedroom house, $911,000
This well-appointed three-bedroom house is situated in a sought-after suburb in North Brisbane. It was sourced for a seasoned investor based in Canberra and purchased through their SMSF.
Pictured is Daniel Hooper from One Percent Property, who facilitated the sale of this property.
• Purchase price: $911,000
• Suburb median price: $980,000
• Property type: 3 Bed 2 Bath 2 Car house, 297sqm of living space on a 615sqm block
• Location: Northern Suburbs of Brisbane
• Buyer: Seasoned investor based in Canberra
• Rent achieved: $825pw
• Suburb median rent: $700pw
• Gross rental yield: 4.7%
• Suburb vacancy rate: 0.6%
• 12-month suburb growth: 14.2%
• Suburb Average 20-year growth: 6.49%
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