A Victorian investment property purchased with $58,000 of equity from day one.
Property Type
Free standing house
State
Victoria
Settlement date
April 2025
Purchase Price
$585,000
Bank Valuation
$643,000
Day-One Equity
$58,000
Day-One ROIC*
58.58%
Gross Yield
4.7%
Loan-to-value ratio
90%
*Includes deposit, stamp duty and all settlement costs; legal fees, B&P, BA fees, government and council fees.
Vacancy rate in area
<1.8%
Total cash/equity used
$99,000