Case Study · Mackay, QLD
Property in Mackay, QLD
Growth: 31.57%$167,000 Equity Gained184.81% ROC6.11% Rental Yield
The Story
Prime Pursuit Properties secured this property in Mackay, QLD for our client at $529,000. Since settling 21 months ago, the property has performed strongly. It has grown 31.57% in value, now worth $696,000 — an equity gain of $167,000. This represents a 184.81% return on the cash invested to date.
Purchase vs. Today
Purchase Price$529,000
Current Value$696,000
Funding Breakdown
Loan Amount$476,100
Deposit / Funds Required$52,900
Based on a 90% LVR at purchase.
Timeline
Settled
1 Jan 2025
Today
21 months later
≈ 18%/yr growth
The Numbers
Purchase Price
$529,000
Current / Sold Value
$696,000
Growth
31.57%
Equity Gained
$167,000
ROC
184.81%
Rental Yield
6.11%
LVR
90%
Time to Settlement
1Years,8Months
Settlement Date
1 Jan 2025