Once in a while the perfect scenario presents itself for the astute buyer to check off their entire investment check list.
Secure rental income on a fixed term lease, currently $1,238pcm, equates to 4.3% return and the low Owners Corporation fee adds to the attraction.
A reliable, house proud tenant keeps this ultra low maintenance brick property in tip top condition. Added bonuses like an entrance alcove, extra large bedroom to accommodate a study area, internal laundry, separate toilet, dedicated parking and a top quality, on trend renovation equate to a simple, hassle free and clever investment or a foothold into the market for a new homeowner to make their own at end of lease. No need to think twice!
|R&H Suburb Summary||Houses|
|Number of sales||154|
|Median Rental Price||$550 p.w.|
|Change in Rental Rate (5yr)||22 %|
|R&H Suburb Summary||Units|
|Number of sales||27|
|Median Rental Price||$490 p.w.|
|Change in Rental Rate (5yr)||23 %|