Case Study · Mackay Region, QLD
Property in Mackay Region, QLD
+31.33% Capital Growth$133,600 Equity Gained171.6% Return on Capital6.73% Rental Yield
The Story
Prime Pursuit Properties secured this property in Mackay Region, QLD for our client at $426,400. Since settling 18 months ago, the property has performed strongly. It has grown 31.33% in value, now worth $560,000 — an equity gain of $133,600. This represents a 171.6% return on the cash invested to date.
Purchase vs. Today
Purchase Price$426,400
Current Value$560,000
Funding Breakdown
Loan Amount$383,760
Deposit / Funds Required$42,640
Based on a 90% LVR at purchase.
Timeline
Settled
24 Dec 2024
Today
18 months later
≈ 20.9%/yr growth
The Numbers
Purchase Price
$426,400
Current / Sold Value
$560,000
Capital Growth
31.33%
Equity Gained
$133,600
Return on Capital
171.6%
Rental Yield
6.73%
LVR
90%
Time to Settlement
1Years,5Months
Settlement Date
24 Dec 2024