Mark is a secondary school principal with a keen interest in property investing. He appointed us to find him a modest, low-risk development – one where he could keep a completed dwelling for himself, and sell the rest to lower his debt exposure.
This was the first property we recommend to him, and he recognised it as a stand out immediately. It was recently rezoned to the neighbouring suburb whose median $ house price was 22% higher. The ceiling price for new construction resales in this superior address was much higher as well.
We purchased it at auction using a 2-bidder tactic. The price we paid was slightly higher than it would have been in the old suburb, but much lower than you’d expect in the new suburb.
Following the purchase, Mark appointed us to secure a planning permit, and we did so prior to him settling on the purchase: two detached, double story, 4bed/3bath, street facing houses with level backyards and downstairs master suites. We tendered the build, and a good local builder was appointed. He completed construction in 11 months.
Mark sold one dwelling brand new, and kept the other as an investment property.
He had some very nice words to say about our service afterwards: “Property Analytics found the site, completed a comprehensive feasibility study, negotiated the purchase at auction (at a great price), and assembled a professional team that completed the project from end-to-end. I’d gladly recommend Property Analytics to someone thinking about getting into property development.”
Blue-chip, close to hospitals, shops, transport
665m2 slightly sloping irregular shaped corner
up to $1.0m
Bought At Auction
House $1.200m | Unit $0.720m
5.5% p.a. over last 10 years
Affluent demographic; proximity to key amenities; rezoned gentrifying pocket
Land value purchase price with long settlement. Easy planning, permit attained prior to settlement.
Two detached, double story, street-facing, 4bed/3bath houses, approx. 24 squares each
22 months from purchase to completion
Harvey is a big earner, building a portfolio of negatively geared properties with value-add
Price : $1.850m
Location : Blue chip, affluent, close to hospitals, transport, shops and parks
Scope : 3 large, quality, detached houses
Profit : $0.900m
Return on Cash : 48%
Jim semi-retired from finance young and is building an impressive portfolio
Price : $0.950m
Location : Urban, gentrifying, with good transport and access to CBD
Scope : 4 attached street-facing townhouses
Profit : $0.475m
Return on Cash : 45%
Jack asked us to JV with him on a bigger site, and this made sense for us both.
Price : $2.125m
Location : Quiet, leafy, family-oriented with top schools and shops
Scope : 8 townhouse with dual access
Profit : $0.675m
Return on Cash : 58%