Seren and Jess, interstate investors, had done extensive research into the Brisbane market and identified a shortlist of suburbs for their next investment. At the top of their list was Marsden, a high-demand area where properties were selling quickly and often exceeding expectations.
The first property we identified was a strong contender, but it was headed to auction. To compete, Seren and Jess needed to increase their budget from $780,000 to nearly $840,000. However, we believed this was already at the high end for the property. At auction, the property sold for an astonishing $905,000, well above everyone’s expectations.
Determined to find a better opportunity, we quickly identified two additional options within a week, one of which stood out. This property was still in the pre-market phase, allowing us to act swiftly and secure it under contract before the first open home. During the open home, the property received a competing offer that was $10,000 higher than ours, but thanks to our proactive approach, the deal was already secured.
The property was purchased within Seren and Jess’s original budget of $780,000, highlighting the importance of timing and strategic negotiation. Seren and Jess were thrilled with the outcome, having secured a quality investment in their preferred suburb, all while staying on budget.
