Case Study · Gladstone Region, QLD
Property in Gladstone Region, QLD
+39.28% Capital Growth$163,000 Equity Gained217.71% 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 21 months ago, the property has performed strongly. It has grown 39.28% in value, now worth $578,000 — an equity gain of $163,000. This represents a 217.71% return on the cash invested to date.
Purchase vs. Today
Purchase Price$415,000
Current Value$578,000
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
21 months later
≈ 22.4%/yr growth
The Numbers
Purchase Price
$415,000
Current / Sold Value
$578,000
Capital Growth
39.28%
Equity Gained
$163,000
Return on Capital
217.71%
Rental Yield
6.03%
LVR
33.7%
Time to Settlement
1Years,8Months
Settlement Date
13 Sept 2024