Louise, a seasoned investor with properties across NSW and QLD, reached out for assistance in refining her strategy. This time, she was focused on purchasing a freestanding house with a budget of $520,000. Given that she wasn’t solely reliant on building equity quickly—thanks to her existing portfolio—we narrowed our search to Victoria, specifically Werribee.
Werribee, located just 30km from Melbourne’s CBD, presents an excellent buying opportunity, with property prices still below their true current value. The area is forecast to experience significant growth, with its population expected to nearly double over the next decade. Additionally, infrastructure investment, along with a booming education and health precinct, made it the ideal location for a strong long-term investment.
After a thorough search, we found a 3-bedroom, 2-bathroom freestanding home in a quiet, desirable pocket of Werribee, just minutes from key amenities. With swift negotiations and a solid offer, we successfully secured the property before auction. The Melbourne market was shifting quickly after a recent interest rate decrease, and auction clearance rates were soaring. It was crucial to act fast—and we did—finalising the deal in under two weeks from engagement to contract exchange.
Another successful investment secured for a happy client!
