A South Australian investment property purchased with $73,000 of equity from day one.
Property Type
Free standing house
State
South Australia
Settlement date
December 2024
Purchase Price
$610,000
Bank Valuation
$683,000
Day-One Equity
$73,000
Day-One ROIC*
66.97%
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
<1.5%
Total cash/equity used
$109,000