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Circa $600k
My clients were first home buyers wanting to get onto the property ladder and only had a tight budget under $700,000. They wanted to buy in a blue chip, popular suburb that would attract healthy price growth & quality tenants. I was able to locate a pre: market/off market fully renovated property, well within heir pre: approved budget, walking distance from a popular village centre with café’s, shops & popular schools ensuring healthy growth would continue due to a very low rental vacancy rate in this suburb & a low supply of the type of property I was able to purchase. The property bonus was that it was recently fully renovated from new kitchen, new bathroom, new flooring, fresh paint, new window coverings, even new windows & doors ensuring some healthy depreciation also & my clients did not need to do anything to the property at all. I was able to negotiate favourable terms for the vendor which allowed me to purchase at a lower price point than expected, well below market value at close to $600,000 where the value sat around $640,000. Needless to say my clients were over the moon and completely satisfied with the outcome.
4 Orana Crescent
Adamstown Heights
Newcastle NSW 2289
Australia
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Propertybuyer Inner West, South Sydney & CBD
Level 17 Chifley Tower
2 Chifley Square
Sydney NSW 2000
Australia
Suite 2201, Level 22, Tower Two
Westfield Bondi Junction
101 Grafton Street
Bondi Junction NSW 2022
Australia
Propertybuyer Northern Beaches / Northern Suburbs
Suite 2
47-49 The Centre
Forestville NSW 2087
Australia
Propertybuyer Newcastle / Hunter Valley
4 Orana Crescent
Adamstown Heights
Newcastle NSW 2289
Australia
Suite 3135
3 Parkland Boulevard
Brisbane City QLD 4000
Australia
Propertybuyer Inner West, South Sydney & CBD
Level 17 Chifley Tower
2 Chifley Square
Sydney NSW 2000
Australia
Suite 2201, Level 22, Tower Two
Westfield Bondi Junction
101 Grafton Street
Bondi Junction NSW 2022
Australia
Propertybuyer Northern Beaches / Northern Suburbs
Suite 2
47-49 The Centre
Forestville NSW 2087
Australia
Propertybuyer Newcastle / Hunter Valley
4 Orana Crescent
Adamstown Heights
Newcastle NSW 2289
Australia
Suite 3135
3 Parkland Boulevard
Brisbane City QLD 4000
Australia
The Propertybuyer
Podcast
Fri 20 Sep '24 with Rich Harvey How to Invest or Buy Commercial Property |
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Fri 6 Sep '24 with Rich Harvey Breaking Gender Barriers, Creating Empathy & Other Empowering Strategies |
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Fri 23 Aug '24 with Rich Harvey Where to invest for around $500k? |
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Fri 9 Aug '24 with Rich Harvey How to Find the Ideal Investment Suburbs? |
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Fri 26 Jul '24 with Rich Harvey Property Market Pulse, Predictions & Policies to fix the housing market. |
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Sun 23 Jun '24 with Rich Harvey Why Tax Depreciation Matters |
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