Purchased: $925,000
Potential Rent: $725pw
Potential Yield: 4%
Our client came to us with a very broad brief. They wanted a 4 bedroom house that was a good investment that would return between 3%-4%. They had no particular preference for location. After searching the market, we decided upon this beautiful home. It has the requisite 4 bedrooms, is renovated and is in a very desirable suburb, much closer to the city than they expected to be.