How We Helped

Working with Binnari

Working with experts made it possible for Adriaan to explore investing interstate.

“I knew it would be difficult to invest interstate without support. Working with Binnari Property enabled me to expand my search into Queensland and other markets, rather than being limited to markets within a couple hours of Sydney.”

“The team weren’t just property experts. They spoke to me about my financial goals, how much I would need for a deposit and my ability to service the loan.”

“Binnari Property had conducted extensive research into the Queensland markets. They knew which suburbs to look at and had relationships with credible builders and developers. They recommended several different properties in Queensland with great capital growth and rental yield potential.”

The Outcome/property selection

Adriaan secured an off-the-plan three bedroom apartment across the road from the beach. The boutique development of 36 apartments is located in Coolum, Sunshine Coast. Over 20 apartments in the building were priced over $1million and were specifically targeted at the local owner occupier market. Coolum also has one of the lowest vacancy rates in the Sunshine Coast at 0.4%, indicating the strength of demand for property in this suburb.

It’s worth noting that Binnari Property had exclusive access to this project as the only agent outside of the developers direct marketing. Binnari had another 6 clients purchase here, with most buying two bedroom apartments for mid $600,000’s. The project also has an onsite property manager to manage both permanent and holiday rentals which is a major draw when it comes time to secure a tenant.

“I never felt like I was being sold to. I really despise feeling like I’m being conned into something and it was never like that. There was never any pressure. The team just presented me with the facts to make my own decision.”

“I had a number of other firms try to present to me and give me the hard sell. The difference with Binnari Property was that not only did they make recommendations but they also told me what not to buy. They advised me to steer clear of certain high density markets dominated by investors. This is a trap a colleague of mine fell into and I was glad to avoid it.”

“I could have purchased a home in Coolum for a similar price but I just wasn’t interested in renovating an older property, it wouldn’t have been as close to the beach and it wouldn’t have had the same depreciation benefits of a new development. Buying off-the-plan made much more sense with my investment strategy.”