Case Study · Gladstone Region, QLD
Property in Gladstone Region, QLD
+51.17% Capital Growth$197,000 Equity Gained279.51% Return on Capital6.37% Rental Yield
The Story
Prime Pursuit Properties secured this property in Gladstone Region, QLD for our client at $385,000. Since settling 25 months ago, the property has performed strongly. It has grown 51.17% in value, now worth $582,000 — an equity gain of $197,000. This represents a 279.51% return on the cash invested to date.
Purchase vs. Today
Purchase Price$385,000
Current Value$582,000
Funding Breakdown
Loan Amount$346,500
Deposit / Funds Required$38,500
Based on a 90% LVR at purchase.
Timeline
Settled
7 May 2024
Today
25 months later
≈ 24.6%/yr growth
The Numbers
Purchase Price
$385,000
Current / Sold Value
$582,000
Capital Growth
51.17%
Equity Gained
$197,000
Return on Capital
279.51%
Rental Yield
6.37%
LVR
90%
Time to Settlement
2Years,1Months
Settlement Date
7 May 2024