Jenny had migrated to Sydney from Hong Kong and owned an apartment in Cremorne. Although she had built up reasonable equity in her Cremorne home, her financial planner identified that she needed to take a more proactive approach to create wealth for her long term future and introduced her to Binnari Property.
How we helped
Jenny’s income did not support an overly aggressive investment strategy. But through a calculated and careful investment approach over a number of years, Jenny was able to add a Newcastle house and a Brisbane apartment to her property portfolio. Jenny has since relocated to Melbourne to pursue a work opportunity, keeping her three properties as investments. Through solid rental income and manageable ongoing costs, Jenny’s property portfolio is cash flow positive and her financial future looks brighter.
Outcome for Newcastle
- Property: 4 bed, 2 bath, 2 car
- Price: $410,000
- Rent: $480
- Yield: 6.08%
- Time to tenant: Tenanted at settlement
Outcome for Newmarket
- Property: 1 bed, 1 bath, 1 car
- Price: $390,000
- Rent: $400
- Yield: 5.33%
- Time to tenant: 4 weeks (but over Christmas/ New Year period)
More success stories
Hear the stories of our clients who are growing their wealth and achieving their lifestyle
aspirations with investment property
Grow your wealth and achieve your lifestyle aspirations with investment property.
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