Case Study · Townsville, QLD
Property in Townsville, QLD
+73.11% Capital Growth$223,000 Equity Gained380.26% Return on Capital5.47% Rental Yield
The Story
Prime Pursuit Properties secured this property in Townsville, QLD for our client at $305,000. Since settling 24 months ago, the property has performed strongly. It has grown 73.11% in value, now worth $528,000 — an equity gain of $223,000. This represents a 380.26% return on the cash invested to date.
Purchase vs. Today
Purchase Price$305,000
Current Value$528,000
Funding Breakdown
Loan Amount$274,500
Deposit / Funds Required$30,500
Based on a 90% LVR at purchase.
Timeline
Settled
25 July 2024
Today
24 months later
≈ 36.6%/yr growth
The Numbers
Purchase Price
$305,000
Current / Sold Value
$528,000
Capital Growth
73.11%
Equity Gained
$223,000
Return on Capital
380.26%
Rental Yield
5.47%
LVR
90%
Time to Settlement
2Years,0Months
Settlement Date
25 July 2024