- Suite 1F/1345 The Horsley Dr, Wetherill Park NSW 2164
The property advisory specialists, tailoring the right advice and planning to help invest and grow your portfolio sooner.
Address
Suite 1F 1345 - The Horsley Drive,
Wetherill Park NSW 2164
Type above and press Enter to search. Press Close to cancel.
Natalie’s First Investment Settles with $120K Equity
Challenge:First time investor, Natalie, came to Agenzia in 2021 looking for an investment property that would provide her with enough equity to purchase again within 2 years. The client did not know about interstate markets, had not organised finance and was unfamiliar with growth areas.
Solution:Working with Agenzia and their recommended broker, Natalie purchased a single contract off-the-plan townhouse in Everton Hills QLD. The purchase price was $550,000 with a 5% deposit at contract exchange.
Results:The bank valuation in June 2023 came back at $670,000 and in August an estimated market value of $700,000. That is an uplift of $120,000 to $150,000 on Natalie’s very first investment property. The townhouse initially rented for $640 per week but increased to $650 per week, providing the client with a 6.14% rental yield and positive cashflow investment. Here’s what she had to say:
“Thanks Anthony and team! You have been incredibly invaluable in your knowledge and support. Looking forward to future ventures with your team again.”