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Queensland
Queensland Investment Delivering on Growth and Yield
Acquired in October 2023 for $490,000, this 4-bedroom home in Queensland is proving its value in both equity growth and rental performance. Sitting on a 450m² block with a 170m² floor plan, the property offers a balanced layout ideal for long-term tenant retention.Initial acquisition costs included a 12% deposit, $15,100 in stamp duty, $2,000 in legal fees, and a $700 building and pest inspection. By January 2025, the property was valued at $650,000—showing a capital uplift of 30.61%.Generating $597 per week in rent, the asset delivers a strong cash-on-cash return of 176.47%. It’s a strategic addition to any portfolio, combining healthy rental income with substantial growth over a short period.
See the demographic, employment, and income insights of 10,534 residents living in the area, based on the Australian Bureau of Statistics 2021 Census data.
Most households are: Families
Population: 10,534
Most residents are: Owners
Median household income: $1,770 per week
Property Features
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Purchase Details
Cash On Cash Return
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