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Testimonial

I was at the stage in my life where I needed security and I decided an investment property was the best way forward. At the time I was unable to afford Sydney and did not know much about buying interstate, that’s when I was introduced to Providence. They took the time to understand my goals and circumstances, I felt that they really got to know what motivated me. Providence took all the hard work away from me. They gave me the perfect property and I couldn’t be happier with the service and respect I received from everyone I interracted with on their team. I know that I will be encouraging my daughter to use them and build her wealth too. I would highly recommend Providence.

Iliana - Investor

North East QLD

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3 bed, 2.5 bath, 2 car

Investment details

  • Generously sized three bedroom terrace home (252sqm) in waterside estate with no Strata

Key Investment Drivers

  • Rental Yield of 4.7% Very low suburb vacancy rate of 0.6% at time of purchase showing a very tight rental market
  • Significantly above average suburb median household income showing ability to spend more on rent and mortgage repayments
  • Suburb experienced 14.9% annual growth in the year following purchase New Rail Link will cause further highly paid young professionals to take advantage of both lifestyle and ease of access to Increasing number of multi-million dollar home suburb benchmarks pushing prices