Tenant secured before settlement for $170pw more rent than sububr median

The brief

A seasoned investor based in Sydney was looking for a quality property to hold long-term, with a focus on capital appreciation.

The goal was to find a fully renovated, low-maintenance property in a location with strong rental demand and solid long-term fundamentals.

The property

A fully renovated property in a northern Brisbane suburb:

• 4 bedroom, 3 bathrooms, double lock-up garage, 625sqm block
• Purchase price: $1,725,000

Our approach

The property offered the combination the client wanted — a quality, set-and-forget home in a suburb with strong rental demand and a solid long-term growth track record.

The suburb had:

• 0.6% vacancy rate - August 2026
• 7.40% average 20-year growth
• 12% growth in 2026

Our approach

The focus was not simply on finding a property within the client’s budget.

Ed assessed the property, suburb and rental market against the client’s long-term investment strategy, then negotiated the purchase.

Importantly, Ed also negotiated access to the property before settlement, allowing EKR Property to organise a rental open home and test demand before the client settled.

The result

The first rental open home attracted:

• 30+ groups
• Multiple applications
• Tenant secured before settlement
• $1,050pw rent achieved, $170pw more than suburb's median rent

Securing a tenant before settlement gave the client confidence in the property's rental demand before they even took ownership.

The EKR Property difference

More than just finding and negotiating the property, Ed’s local knowledge helped identify the right location and investment strategy. Pre-settlement access also allowed the rental market to be tested early, securing a tenant before settlement.