Case Study · Townsville, QLD
Property in Townsville, QLD
Growth: 78.69%$240,000 Equity Gained409.25% ROC5.47% Rental Yield
The Story
Prime Pursuit Properties secured this property in Townsville, QLD for our client at $305,000. Since settling 27 months ago, the property has performed strongly. It has grown 78.69% in value, now worth $545,000 — an equity gain of $240,000. This represents a 409.25% return on the cash invested to date.
Purchase vs. Today
Purchase Price$305,000
Current Value$545,000
Funding Breakdown
Loan Amount$274,500
Deposit / Funds Required$30,500
Based on a 90% LVR at purchase.
Timeline
Settled
25 July 2024
Today
27 months later
≈ 35%/yr growth
The Numbers
Purchase Price
$305,000
Current / Sold Value
$545,000
Growth
78.69%
Equity Gained
$240,000
ROC
409.25%
Rental Yield
5.47%
LVR
90%
Time to Settlement
2Years,3Months
Settlement Date
25 July 2024
Highlights
- ✓73.11% capital growth since purchase
- ✓$223,000 equity gained
- ✓380.26% ROC
- ✓5.47% rental yield