Renovator's delight in high-growth location

Renovator's delight in high-growth location - $800k

The Brief:

  • Renovator’s delight in a high-growth location.
  • Budget: $800k
  • Major capital city

The Client:

Ayden, a first-time investor, wanted to scale his property portfolio quickly using a renovation strategy.

Why he appointed a buyer's agent:

Ayden had three key reasons for engaging a buyer’s agent. First, he understood that choosing the right location was critical for long-term capital growth. Second, he wanted expert guidance on where to add value to maximise returns. And third, he needed a partner to manage the interstate acquisition—leveraging agent relationships, inspecting properties, and negotiating the best price.

The Outcome:

  • Secured a solid brick-and-tile home with strong fundamentals for $800K.
  • Located in a tightly held street with 90% owner-occupiers and an average ownership of 22 years.
  • Generating $680 per week, delivering a 4.4% rental yield.
  • Clear value-add potential to drive significant equity gains.
  • Purchased in a market with 12-month median growth of 17% and a 10-year median growth of 8.2%.

Once Ayden completes the renovations, we’ll be in a strong position to refinance and repeat the process.

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