PMI Property of the Week #1

Ever wonder how our team picks properties to add to their portfolio?

 

🏠 Desirable Suburb – for future families (or any owner occupier)

🏠 Scarcity of land – making demand higher

🏠 Lifestyle for potential renters

🏠 Priced below the median house price (here, $90k under)

🏠 Consistent performer – where rental will be strong until time of sale

🏠 Avoid ‘boom’ areas (unless you have the time to flip)

Ryan found this property ‘off-market’ by researching, talking to builders and his experience. We’re going to show you guys each week a property we would be happy to add to our portfolio. The property is 3 bed, 2 bath, 2 car garage on 409m2 block, priced at $575,000.00.

We estimate rental would be around $450pw, representing a 4% yield. Its very possible that you could make a capital gain in the short term if you are wishing to add equity to a portfolio. It ticks all Ryans boxes.

If you would like more details, message over on FB, and we’ll pass on the details. Want more content like this? or have any questions how Ryan found this property, or chose it, then comment below!

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