Case Study · Gladstone Region, QLD
Property in Gladstone Region, QLD
+38.89% Capital Growth$154,000 Equity Gained213.62% 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 25 months ago, the property has performed strongly. It has grown 38.89% in value, now worth $550,000 — an equity gain of $154,000. This represents a 213.62% return on the cash invested to date.
Purchase vs. Today
Purchase Price$396,000
Current Value$550,000
Funding Breakdown
Loan Amount$356,400
Deposit / Funds Required$39,600
Based on a 90% LVR at purchase.
Timeline
Settled
28 May 2024
Today
25 months later
≈ 18.7%/yr growth
The Numbers
Purchase Price
$396,000
Current / Sold Value
$550,000
Capital Growth
38.89%
Equity Gained
$154,000
Return on Capital
213.62%
Rental Yield
5.93%
LVR
90%
Time to Settlement
2Years,0Months
Settlement Date
28 May 2024