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The
Propertybuyer

Podcast

Hear the latest weekly insights into the property market via podcast by Rich Harvey, CEO and founder of Propertybuyer.

 
Sun 23 Jun '24 with Rich Harvey Why Tax Depreciation Matters
 
 
Fri 14 Jun '24 with Rich Harvey Tax Effective Property Investment Strategies
 
 
Fri 24 May '24 with Rich Harvey Granny Flats: Boost Your Yields & Faster Mortgage Repayments
 
 
Fri 3 May '24 with Rich Harvey Unpacking the Northern Beaches with Incredible Agents
 
 
Fri 29 Mar '24 with Rich Harvey How to build a $7 Million Property Portfolio from scratch
 
 
Sat 16 Mar '24 with Rich Harvey Why Invest in Melbourne?
 

 

Listen to many more
podcasts on our
Podcasts page.

 
 
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Featured Property April & Martin's Story


 

 

Investors

Circa: $700k

 
 
 
 
Kevin Mason
director - buyers' advocate
M 0419 645 862

 

Newcastle, NSW
3 Beds 1 Bath 1 Car
BUYERS' AGENT COMMENTS

I love a challenge & I certainly got what I wished for with this transaction! The clients wanted to sell an underperforming property in Melbourne firstly, so I kept in constant contact with the clients on the progress of this and at the same time presenting numerous property opportunities to them from the healthy performing Regions of Newcastle and Lake Macquarie, working with a challenging house entry level budget of under $750,000 and ideally around the $730,000 price range purchase. Given most suburbs now have median values of btw $800k to $1m this was going to be challenging as I was also looking for a versatile property, that could take a seperate granny flat to increase yield or was a multi-tenanted property, so this required much energy & extra knowledge & skills to review planning certificates, contracts & organise planning reports for the clients who were very detailed people. Marrying up price, timing and a simultaneous settlement was also going to be tricky with a challenging budget. I was able to locate multiple opportunities for my clients and I was successful with exchanging on the ideal property in a Middle ring suburb, close to a University, employment hubs, schools, shops & facilities in a very nice quiet street with quality homes. The property we successfully purchased within budget constraints for $730,000, backed onto a reserve and the home was positioned on a large 695m2 block, with vehicular side access & driveway, ideal to add a granny flat to the rear to increase yield. The home is very tidy and ready to lease immediately. In this location a new 2 bed, 60m2 granny flat leases for btw $400 - $500/wk depending on quality of finish, size of yard, privacy & if parking is provided, so once a new granny flat is added, this will provide my clients with cash positive investment properties. I was able to negotiate ideal terms to accommodate the simultaneous settlement we were looking for and working within a very tight time schedule. My clients were very detailed and experienced investors so I provided a high level of detail and various reports on the property, demographics, rental vacancy rates and planning reports to aid their decisions.

 

 

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New Lambton, NSW 

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A sensational buy 
 
 

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Kevin's Offices

 

 

Propertybuyer Newcastle / Hunter Valley

+612-9975-3311 / 1300 655 615

4 Orana Crescent

Adamstown Heights

Newcastle NSW 2289

Australia

 

 

 

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The Propertybuyer
Podcast

 
Sun 23 Jun '24
with Rich Harvey
Why Tax Depreciation Matters
 
 
Fri 14 Jun '24
with Rich Harvey
Tax Effective Property Investment Strategies
 
 
Fri 24 May '24
with Rich Harvey
Granny Flats: Boost Your Yields & Faster Mortgage Repayments
 
 
Fri 3 May '24
with Rich Harvey
Unpacking the Northern Beaches with Incredible Agents
 
 
Fri 29 Mar '24
with Rich Harvey
How to build a $7 Million Property Portfolio from scratch
 
 
Sat 16 Mar '24
with Rich Harvey
Why Invest in Melbourne?
 

 

Listen to many more
podcasts on our
Podcasts page.