Case Study · Gladstone, QLD
Property in Gladstone, QLD
Growth: 33.84%$134,000 Equity Gained185.88% ROC5.93% Rental Yield
The Story
Prime Pursuit Properties secured this property in Gladstone, QLD for our client at $396,000. Since settling 28 months ago, the property has performed strongly. It has grown 33.84% in value, now worth $530,000 — an equity gain of $134,000. This represents a 185.88% return on the cash invested to date.
Purchase vs. Today
Purchase Price$396,000
Current Value$530,000
Funding Breakdown
Loan Amount$356,400
Deposit / Funds Required$39,600
Based on a 90% LVR at purchase.
Timeline
Settled
28 May 2024
Today
28 months later
≈ 14.5%/yr growth
The Numbers
Purchase Price
$396,000
Current / Sold Value
$530,000
Growth
33.84%
Equity Gained
$134,000
ROC
185.88%
Rental Yield
5.93%
LVR
90%
Time to Settlement
2Years,4Months
Settlement Date
28 May 2024