Moving back to Newcastle after many years overseas our client came to us to help purchase their first family home.
They had been looking for several months and were confused by the advertised price compared to the selling price.
Hence, they were wasting precious weekends looking at properties they simply couldn’t afford.
With a very good budget and wanting to stay in the lake suburbs we used our market knowledge to eliminate unsuitable properties and narrow down their search to affordable properties that would meet their brief, budget and desires.
We were advised of this property coming to market, viewed with our clients and purchased within 72 hours of it hitting the open market.
4 bedrooms, 2 bathrooms, 2 living areas, double garage with beautiful views. All within their budget.
Purchased Price: $1,000,000
Potential Weekly Rent: $800.00
Potential Yield: 4.1%