Property Purchased:
Sunshine Coast, QLD
Property type:
Townhouse
Price:
$635,000
Rent:
$585 pw
(a 4.8% yield)
Louise – 46, Northern Beaches, NSW
- Wanted to pay off her mortgage and semi retire in next 10 years
- Knew she wanted to invest in property, but unsure where to invest
- Was introduced to Binnari by her financial planner
Results
- Rented within one week of settlement
- Increased in value by $120 000 within the first 12 months
- Cashflow positive by $50 per week
Challenges and concerns
Part way through her investment journey, the COVID-19 pandemic hit. Concerned by media reports that a property crash was looming, Louise almost decided not to proceed with her purchase. Louise turned to Binnari Property for honest and clear-headed advice – see below her story.
“Binnari Property’s predictions about the property market proved to be spot on. They predicted that the government would intervene in some way to provide income support and ensure the property market and construction industry didn’t decline. They anticipated that the banks would provide mortgage holidays. They knew that there would be less housing supply on the market as some sellers lost confidence which would make up for any short-term fall in demand. All of these things came to fruition.”
Binnari negotiated a longer cooling off period and a 12 month rental guarantee with the developer to eliminate Louise’s fears about finding a tenant.

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.
Find out how we can help you“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.”
Speak to our team today
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- Get to know your investment objectives
- Take you through Binnari’s unique investment approach
- Preview specific properties that match your investment strategy
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