Case Study · Gladstone Region, QLD
Property in Gladstone Region, QLD
+40.15% Capital Growth$159,000 Equity Gained220.56% Return on Capital5.93% Rental Yield
The Story
Prime Pursuit Properties secured this property in Gladstone Region, QLD for our client at $396,000. Since settling 26 months ago, the property has performed strongly. It has grown 40.15% in value, now worth $555,000 — an equity gain of $159,000. This represents a 220.56% return on the cash invested to date.
Purchase vs. Today
Purchase Price$396,000
Current Value$555,000
Funding Breakdown
Loan Amount$356,400
Deposit / Funds Required$39,600
Based on a 90% LVR at purchase.
Timeline
Settled
28 May 2024
Today
26 months later
≈ 18.5%/yr growth
The Numbers
Purchase Price
$396,000
Current / Sold Value
$555,000
Capital Growth
40.15%
Equity Gained
$159,000
Return on Capital
220.56%
Rental Yield
5.93%
LVR
90%
Time to Settlement
2Years,2Months
Settlement Date
28 May 2024