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Rafael and Tomas were particular about the property they wanted and outside of finding a low maintenance property that achieved strong growth and yield, they were keen to secure a larger block with future potential. We put offers on a number of properties and missed them due to strong competition. A Building and Pest report was available which allowed us to negotiate a further $11,000 off the original offer bringing the buy price down to $592,000. The buyers' were avid researchers which was ok since they did find the occasional property that met their brief which I could arrange to inspect. 80% of the properties they highlighted were under contract. We had a challenge regarding home insurance due to a flooding issue. The property has never flooded, every available agent, flood report and council confirmed this. The problem arose because in the small corner of this same postcode, an industrial area had flooded and the insurance company put a "blanket ban" on the whole postcode area..... Eventually it was sorted successfully. The are happy with the purchase and were good to work with.
Suite 3135
3 Parkland Boulevard
Brisbane City QLD 4000
Australia
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Propertybuyer Inner West, South Sydney & CBD
Level 29 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 29 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 29 Mar '24 with Rich Harvey How to build a $7 Million Property Portfolio from scratch |
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Sat 16 Mar '24 with Rich Harvey Why Invest in Melbourne? |
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Mon 26 Feb '24 with Rich Harvey Sydney’s Inner West – Hotspots and Outlook for 2024 |
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Mon 12 Feb '24 with Rich Harvey Decoding Sydney’s North Shore Market – Outlook and Opportunities. |
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Sat 27 Jan '24 with Rich Harvey Home Buying in the Eastern Suburbs – A personal journey |
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Sun 7 Jan '24 with Rich Harvey Economic and Property Market Outlook 2024 |
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