Newcastle, NSW
- Purchase: $907,000 in May 2023
- Valuation in January 2024: $935,000
- ROI: $28,000 equity gain in 8 months
We purchased this charming property in one of our favourite and vibrant streets in Newcastle. With close proximity to the CBD, it was a perfect diversification choice for our experienced investor clients. There is also potential to add a granny flat down the track to further enhance value.
This investment yields over 4% and is in a location which our team are confident will continue to see excellent growth due to strong demand, affordability, planned investment and development and lifestyle related migration.
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