Was currently listed at $349,000 and generating a rental income of $480 per week from its current tenancy. Secured the client the opportunity to purchase the property at the price of $320,000. Equity after 5 years estimated via average national rate.
$45,000 in 1 year on a single block of land. “I was always taught to save up, deposit, buy a house, well I did that once. As a newly single mum, I was about to go into a mortgage after divorce. I’ll never buy a house to live in again. Renting and investing in property is cheaper, more flexible. Rent and invest for lifestyle all the way.”
After speaking to Adam, the investment analyst, he suggested a block of land in SA, an area where whoever I asked told me that’s not a nice area. South Australia isn’t a good investment. Well, rather than buy, I took the leap and purchased the land Adam found for me:
The land hadn’t titled yet so I wasn’t even paying a loan. I settled and sold in the same month. On the hunt for number 2.
Prices almost doubled on both my lots. I sold one before it settled without making a single loan repayment and made $150,000.
I held the second and sold it last year for near enough $300,000 profit. These properties were under $600,000 when we signed the first contract.
This was a time when everyone was talking about investing in Sydney and Melbourne. I paid half the price for my investment and made likely more than everyone who opted for hype.
Still against units and townhouses? We secured a client 2 of these units back in 2018. Even before settlement or a single repayment, the client had already sold one for a profit of $150,000. The other unit was sold for $820,000 early 2021.
Fast forward to today, both of these units are valued well over $1.2 million each while earning above average rental yields compared to other apartments in the area. With the right strategy, units and townhouses can easily deliver exceptional returns and outperform market expectations.
Nearly all lots were already taken in this particular estate at the time. Our extensive research indicated that the area had strong fundamentals while still being undervalued. Due to our connections, we caught wind of finance falling through for one of them and swiftly brought the opportunity to one of our clients. In less than 24 hours, the client had decided to go ahead with securing the land.
The land has yet to title to this day, but even so, the lot has increased by $60,000 in just 4 months due to increased attention and demand for the estate and surrounding areas within the suburb. This goes to show that seizing the moment is very important part of finding success in the property market.
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Prices almost doubled on both my lots. I sold one before it settled without making a single loan repayment and made $150,000. I held the second and sold it last year for near enough $300,000 profit, these properties where under $600,000 when we signed the first contract. This was a time when everyone was talking about Investing in Sydney and Melbourne. I paid half the price for my investment and made likely more than everyone who opted for hype.
Client wishes to remain anonymous, but this a real build contract, for a client that said that he would never buy in QLD. The area had been flat for years with under performing the market almost compared to anywhere. The property is now laying its slab and was valued $120,000 more than the contract price, without a single loan repayment made yet. The prices in the area still rising today in a falling market.
I was convinced when seeing property guys at cascade that wed be looking in those hot spots. But Adam showed me a plot in a place id never heard of in QLD, after much deliberation and head scratching, about then reason for the selection that the team gave, we put a deposit and the build was under way, by the time it was finished, I had already made $80,000 in less than 12 months. Today is worth almost $400,000 more and has two rental incomes, so it also pays for itself.
$45,000 in 1 year on a single block of land “I was always taught to save up deposit buy a house, well I did that once. As a newly single mum, I was about to go into a mortgage after Divorce. Ill never buy a house to live in again, renting and Investing in property is cheaper more flexible. Rent and Invest for lifestyle all the way.”
CASE STUDY:
After speaking to the Adam, the investment analyst. He suggested a block of land in SA, in an area where who ever I asked told thats not a nice area, South Australia isn’t a good investment. Well, rather than buy I took the leap and purchased the land Adam found for me:
● Cost $155,000 in June 2022
● Sold for for $199,550 the next year
The land hadn’t titled yet so I wasn’t even paying a loan, I settled and sold in the same month. On the hunt for number 2
Contact Cascade International today and see why savvy investors choose us over traditional agents.
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