High Growth Property Secured Below Market Value - Budget: $850k

The Client: 

Andrey and Sascha, a young couple, struggled to buy a home in Sydney. They turned to rentvesting to reach their dream home faster.

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Why they appointed a buyer’s agent:

After 6-months of research, Andrey and Sascha realised they needed a professional to identify long-term growth areas. They also struggled with property valuation and the due diligence required to manage risks.

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The outcome:

Obtained this property on the Central Coast of NSW for $790k

• Bank valuation at settlement of $830k ($40k of instant equity)
• 4 bedroom home on 556sqm
• Low maintenance, low set brick home with value add potential
• Rental yield: 650 p/w or 4.5% yield. Outperforming the area median by 15%.

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