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Bought off market and under market value. Purchased with instant equity which is rare in this market.


  • Leveraged our relationship with the sales agent in a hot market to favour our buyer over other buyers and won the deal for our client.
  • This property ticks all the boxes for our client and will provide very robust long term capital growth.


How the deal happened:

  • We bought this gem premarket/offmarket and  under market value.
  • The deal happened through an agent we’ve purchased through a number of times before where have great, working relationship.
  • The agent called us directly.
  • He knows we have buyers for this type of property.
  • We bought this within 2 weeks of our client engagement.
  • This adds a lot of value in a hot market.
  • When prices are going up every week, TIME REALLY IS MONEY for buyers.
  • We negotiated this to $950k.
  • If it went to market it would have been sold in the high 900s.
  • We negotiated a further $3,000 off as there were a few minor repairs that came back in the building inspection.
  • We fight hard for every dollar for our clients.
  • They paid $947k.
  • There were no other offers to compete with because it was off market.


Why did the client engage us?

  • Our investor client was referred through previous clients.
  • They’re Sydney based and have chosen a “rentvesting” strategy.
  • They wanted to buy in one of the other major capital city markets apart from Sydney.
  • They were looking for a property in a city with stronger yields and cashflow than Sydney that’s positioned well in the property cycle for good growth.


Property highlights:

  • 5 bedroom, 2 bathroom double lock up garage
  • Brick and tile home
  • 610m2 with large usable yard
  • Only 9km from Brisbane CBD
  • Quiet Street in one of the most well regarded locations in the suburb, with large brick homes and no townhouses or units
  • Includes self contained lower level unit with bedroom, bathroom and kitchenette for second dwelling /granny/live-in-student/nanny’s quarters
  • North facing backyard, ideal for year-round sunlight in your entertaining and recreation area
  • Elevated above road level on the high side of the street
  • Low vacancy suburb with good rental yields
  • Short walking distance to local village with modern, popular restaurants and cafes
  • Close to Westfield shopping centre
  • Close to large local reserves, bike paths, walking paths, reserve trails and bushland right in the heart of the city
  • Very popular family suburb
  • Solar power installed
  • Pool
  • Ready to rent
  • In good condition

Do you or someone you know want an off-market and below-market purchase like this? We can get you one in Sydney, Melbourne, Brisbane, Perth, Canberra, Adelaide.


If you want to beat the market, you need the right professional team and that starts here ...

Lynton Stevenson
Director of Client Services

0401 252 550

Jay Pace
Director of Corporate Network Development

0432 298 329

Wishing you happy and prosperous buying
The Providence Property Team

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