Case Study · Gladstone Region, QLD
Property in Gladstone Region, QLD
+43.13% Capital Growth$205,500 Equity Gained245.04% Return on Capital5.58% Rental Yield
The Story
Prime Pursuit Properties secured this property in Gladstone Region, QLD for our client at $476,500. Since settling 24 months ago, the property has performed strongly. It has grown 43.13% in value, now worth $682,000 — an equity gain of $205,500. This represents a 245.04% return on the cash invested to date.
Purchase vs. Today
Purchase Price$476,500
Current Value$682,000
Funding Breakdown
Loan Amount$428,850
Deposit / Funds Required$47,650
Based on a 90% LVR at purchase.
Timeline
Settled
27 June 2024
Today
24 months later
≈ 21.6%/yr growth
The Numbers
Purchase Price
$476,500
Current / Sold Value
$682,000
Capital Growth
43.13%
Equity Gained
$205,500
Return on Capital
245.04%
Rental Yield
5.58%
LVR
90%
Time to Settlement
1Years,11Months
Settlement Date
27 June 2024