Case Study · Gladstone, QLD
Property in Gladstone, QLD
Growth: 50.6%$210,000 Equity Gained280.49% ROC6.03% Rental Yield
The Story
Prime Pursuit Properties secured this property in Gladstone, QLD for our client at $415,000. Since settling 24 months ago, the property has performed strongly. It has grown 50.6% in value, now worth $625,000 — an equity gain of $210,000. This represents a 280.49% return on the cash invested to date.
Purchase vs. Today
Purchase Price$415,000
Current Value$625,000
Funding Breakdown
Loan Amount$139,855
Deposit / Funds Required$275,145
Based on a 33.7% LVR at purchase.
Timeline
Settled
13 Sept 2024
Today
24 months later
≈ 25.3%/yr growth
The Numbers
Purchase Price
$415,000
Current / Sold Value
$625,000
Growth
50.6%
Equity Gained
$210,000
ROC
280.49%
Rental Yield
6.03%
LVR
33.7%
Time to Settlement
2Years,0Months
Settlement Date
13 Sept 2024
Highlights
- ✓40.96% capital growth since purchase
- ✓$170,000 equity gained
- ✓227.06% ROC
- ✓6.03% rental yield