Case Study · Gladstone Region, QLD
Property in Gladstone Region, QLD
+40.96% Capital Growth$170,000 Equity Gained227.06% Return on Capital6.03% Rental Yield
The Story
Prime Pursuit Properties secured this property in Gladstone Region, QLD for our client at $415,000. Since settling 23 months ago, the property has performed strongly. It has grown 40.96% in value, now worth $585,000 — an equity gain of $170,000. This represents a 227.06% return on the cash invested to date.
Purchase vs. Today
Purchase Price$415,000
Current Value$585,000
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
23 months later
≈ 21.4%/yr growth
The Numbers
Purchase Price
$415,000
Current / Sold Value
$585,000
Capital Growth
40.96%
Equity Gained
$170,000
Return on Capital
227.06%
Rental Yield
6.03%
LVR
33.7%
Time to Settlement
1Years,10Months
Settlement Date
13 Sept 2024
Highlights
- ✓40.96% capital growth since purchase
- ✓$170,000 equity gained
- ✓227.06% return on capital
- ✓6.03% rental yield