We had a lovely experience working with Sophie. She approached us after her mortgage broker had given her an indication of what she could afford as her first investment.
As a young and very ambitious worker, Sophie had also recently secured a promotion, which gave her the confidence to buy her first investment.
She indicated she would like to invest in Townsville, as someone she knew had recently bought there, and she wanted to work with us as she enjoyed seeing our tools and software.
We reviewed a number of properties, but as Sophieâs budget was under $520k, the market in Townsville was moving so quickly that it was almost impossible to find her a decent home as her first investment that wasnât in a flood or bushfire zone. This isnât so easy in Townsville especially with the budget we had!
After a few months of searching, we were able to secure her an off-market property in Shaw, Townsville. It ticked all the boxes being four bedrooms, in a new area, and with a great rental return.
We managed to secure this for $508,000 within hours of being sent the off-market listing.
Just 12 months later, this property is now worth over $600k and she is receiving $550/week in rent!
