A Queensland investment property purchased with $101,000 of equity from day one.

Property Type

Free standing house

State

Queensland

Settlement date

February 2025

Purchase Price

$698,000

Bank Valuation

$799,000

Day-One Equity

$101,000

Day-One ROIC*

56.42%

Gross Yield

4.8%

Loan-to-value ratio

80%

*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

$179,000