Property of the Month

Complete Townhouses only 8km east of the Brisbane CBD with a forecast 10-year equity growth of $789,350. Purchase subject to finance in a boutique development.

Forecast 10-year equity growth of $789,350, with average net annual equity creation of $78,935 per year based on 20-year historical suburb growth
Year 1 holding cost of only $12 per week; turns cash flow positive starting Year 2 at $13 per week
Tax rebate of $63,921 over 10 years based on $100,000 single income
Purchase costs: $151,124 (80% LVR), $127,335 (85% LVR), $103,490 (90% LVR), including deposit, legal fees, stamp duty and LMI

Boutique development of 8 completed townhouses, which means it has minimal risk and is ready to rent out
Affordable 3-bed, 3-bath and 2-car properties with prices from $630,000 to $645,000
Only 8km east of the CBD, in a highly sought-after suburb where the vacancy rate is a low 1.6%
With excellent turnkey inclusions such as ILVE stainless steel kitchen appliances, energy-efficient Panasonic air conditioning throughout, 40mm stone benchtops, colorbond roof with insulation, and fully fenced and landscaped private courtyard
Just 140m from bus stop with direct routes to CBD; other amenities in close proximity include a Westfield (2km), seven schools (within 2km), eight parks reserves and sports clubs (within 2km), two shopping villages (within 3km) and a large health precinct (7km)
Suburb has very limited supply of similar properties (0 new 3-bed townhouses as of December 2018)
In a high-income location that has a median weekly household income 11% greater than the wider Brisbane area

Forecast growth based on historical 20-year suburb median price growth via APM PriceFinder
Weekly holding cost calculated using PIA Professional Software based on $100k income with 100% of purchase price plus costs financed at 5% interest only