Case Study · Gladstone Region, QLD
Property in Gladstone Region, QLD
+55.84% Capital Growth$215,000 Equity Gained305.05% 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 27 months ago, the property has performed strongly. It has grown 55.84% in value, now worth $600,000 — an equity gain of $215,000. This represents a 305.05% return on the cash invested to date.
Purchase vs. Today
Purchase Price$385,000
Current Value$600,000
Funding Breakdown
Loan Amount$346,500
Deposit / Funds Required$38,500
Based on a 90% LVR at purchase.
Timeline
Settled
7 May 2024
Today
27 months later
≈ 24.8%/yr growth
The Numbers
Purchase Price
$385,000
Current / Sold Value
$600,000
Capital Growth
55.84%
Equity Gained
$215,000
Return on Capital
305.05%
Rental Yield
6.37%
LVR
90%
Time to Settlement
2Years,3Months
Settlement Date
7 May 2024
Highlights
- ✓55.84% capital growth since purchase
- ✓$215,000 equity gained
- ✓305.05% return on capital
- ✓6.37% rental yield