The Strategy

Louise originally planned on investing in Sydney where she lives, however she was unsure if this was the right move or even achievable at all.

Working with Binnari

“Not only did the price point in Sydney not provide me with many realistic options, Binnari showed me that the income and capital growth prospects were probably greater in other parts of the country in the medium term. The team explained how housing cycles work and that Sydney was nearing the top of its market cycle whereas South-East Queensland was on the cusp of its growth cycle.”

“The Binnari team explained their research process that compared the different property markets and how areas with a high concentration investors don’t tend to experience the same capital growth as areas dominated by owner-occupiers.

Property Selection

“We narrowed it down to two properties in Queensland which were within my borrowing range and both areas had very low vacancies. With expected capital growth the investments would essentially pay for themselves within two years and be cash flow positive.”

The Outcome

Louise purchased a brand new three bedroom townhouse in a boutique block of eight townhouses. The project was sold to 6 local owners, with just two investor purchases. It’s location just 150 metres from the beach was a key attribute to it’s desirability.

“The team advised me on what steps to take to coordinate settlement and secure a tenant including conducting a pre-settlement inspection a month before the property went to market and organising an independent inspection for defects. They were able to recommend credible contractors, a real estate agent and solicitor. It made the process much easier.”