Olivia and Martin approached us with the goal of starting their investment property portfolio. Having built significant equity in their home, they were ready to deploy capital into a high growth strategy. They wanted a low maintenance property in an area poised for growth, aiming to secure capital gains within 2 to 3 years. At that point, they planned to leverage the equity from their first investment to expand their portfolio further.
With an $800,000 budget, we focused our search on Nuriootpa in South Australia, less than 60 minutes from Adelaide’s CBD via the new Northern Expressway. Located on the cusp of the Barossa Valley, Nuriootpa is experiencing significant migration, major infrastructure investment, and impressive double digit growth over the past year. It is catching up to nearby regions that have already seen more substantial gains, and we anticipate continued growth driven by tight supply and increasing demand.
We found the perfect property: a newly built home by renowned SA builders Fairmont Homes. What made this property particularly appealing was its rear lane access to a double powered garage and a larger than usual block of land, offering the potential for a second dwelling in the future.
After conducting thorough due diligence, we moved quickly with an offer to secure this outstanding investment opportunity.
