SYDNEY HOUSE PURCHASED $100K BELOW MARKET VALUE
In 2016, this ex-housing commission property earned $200,000 in capital gains. With new infrastructure developments set to go in the local area, value is likely to increase well into the future.
SYDNEY HOUSE PURCHASED $100,000 UNDER VALUE
We picked up this fibro shack for a client for just $450,000 in early 2016. At the time, there was nothing like it selling for less than $550,000 in the western Sydney suburb of Liverpool.
WORTH $650,000 BY THE END OF THE SAME YEAR
At the close of 2016, the house haD gone up $200,000 from its purchase price.
As the Federal Government finalises plans for Western Sydney Airport, the local economy is likely to undergo a period of growth that should help drive home prices in the area.
The announced scrapping of NSW stamp duty for first home buyers is also likely to spur growth in entry level properties like this.
In other words, this Liverpool property is likely to see excellent growth in the near future.
The only reason Binvested was able to get such a competitive deal for its client, was because of Nathan’s relationship with a real estate agent in the local area.
Relationships work wonders in a heated market.
BRISBANE LOOKS LIKE PRE-BOOM SYDNEY IN 2012
In a state of rapid transition, much of the metro Queensland market has been undervalued for some time.
Things are now changing fast, and several opportunities abound for the quick-witted investor.
Nathan has an extensive network of real estate agents north of the border, as thus has access to many great deals.
Have you been able to get a great deal through Binvested? Please share your experiences in the comments section below.