Western Australia (Perth) - Sep 2023

Client brief : The client, a busy professional based in Sydney was looking to build out his property portfolio. He was looking to get into a good capital growth market and lay the foundation for his portfolio.

How did I help?

✔ Planned out his portfolio for him over a period of 20 years.

✔ Selected Perth as the location as there is a massive supply-demand imbalance here and prices would continue to move forward over the next few years.

✔ Purchase price : 401K (3,1,1 on a 824m2 block of land)

✔ Cometic renovation needed on property : approx cost 12K (which I would co-ordinate and carry out with contacts on the ground)

✔ Rental estimate after renovation : 450/week min 💰💰

✔All due diligence completed on property

✔Capital growth potential : Good 🔥🔥

✔Cashflow : Good🔥🔥 (5.8% rental yield)

✔Value add potential: Good🔥🔥 (equity uplift through cosmetic renovation)

✔Development potential: Good🔥🔥(It is possible to keep the existing house, build the house at the back and subdivide)