PURCHASE DATE: March 2015
PROPERTY TYPE: House and Land Package
LOCATION: Berwick, VIC
PURCHASE PRICE: $485,300
CURRENT VALUE: $710,000 (as at Jan 2018)
RENTAL YIELD: 3.1%
46% growth in 2.5 years
Young family wanting to increase their wealth without impacting their cashflows.
Their strategy included: Neutrally geared, low-establishment cost, new house and land in Melbourne growth corridor.
(source: corelogic RP Data)