Paul & Natalie
Congratulations to our latest Albury purchasers, Paul & Natalie.
Paul & Natalie were looking for a property to add to their investment portfolio. They had targeted the Albury Wodonga region themselves and wanted a local Buyers Agent who was on the ground and knew the area intimately. We had a budget of $600k and managed to secure this property for $5k less than our budget and $30-50k under the initial ask. The property still offers upside through minor cosmetic renovations at some stage down the track.
BRIEF
Investor - The property needed to provide ongoing, long-term capital growth with a moderate yield and low maintenance. It is a set-and-forget option.
OUTCOME
- Purchased: On-Market
- Secured: On-market with no competition
- Identified: No issues presented during the due diligence process
- Settlement Outcome: Settled
Returns
- Bought (Jul 2024): $595,000
- Current Value (2024): $630,000
- Rental Return: 5.15%
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