Case Study October 2024
Investment property sourced, negotiated and secured by EKR Property
4 bedroom newly built property, $751,000
This 4-bedroom newly built investment property in the Greater Ipswich area in QLD has significantly increased in value during construction.
We sourced, negotiated, and secured the land and then project-managed the build of this impressive home on behalf of our Sydney-based clients. This was not just a construction project but a carefully planned investment, utilising a long-term capital appreciation strategy. Our clients are impressed with the results and are now looking into their next investment property purchase.
🔸 Purchase Price: Total $751,000 (land $275,000, build $476,000)
🔸 Median House Price in this suburb currently is $1,320,000
🔸 Current estimated value $900,000 - $950,000 ($150,000 to $200,000 uplift in 2.5 years)
🔸 Property Type: 4 bed plus media room, 2.5 bath, 2 car garage, on a 452sqm block
🔸 Location: Blue chip suburb in the Ipswich Region, South West of Greater Brisbane
🔸 Buyer: First-time investors based in Sydney
🔸 Rent secured: $800pw
🔸 Gross Rental Yield: 5.54%
🔸 Suburb Vacancy Rate: 1.1%
🔸 Suburb average 20-year growth: 12.04%
🔸 2024 Growth YTD 14.8%
SERVICES
Property Investment Advisory
Property Consultancy
Client Management
Project Management
Build Support
Buyers’ Agency
© 2024 EKR Property