Case Study · Gladstone, QLD
Property in Gladstone, QLD
Growth: 38.51%$183,500 Equity Gained218.81% ROC5.58% Rental Yield
The Story
Prime Pursuit Properties secured this property in Gladstone, QLD for our client at $476,500. Since settling 27 months ago, the property has performed strongly. It has grown 38.51% in value, now worth $660,000 — an equity gain of $183,500. This represents a 218.81% return on the cash invested to date.
Purchase vs. Today
Purchase Price$476,500
Current Value$660,000
Funding Breakdown
Loan Amount$428,850
Deposit / Funds Required$47,650
Based on a 90% LVR at purchase.
Timeline
Settled
27 June 2024
Today
27 months later
≈ 17.1%/yr growth
The Numbers
Purchase Price
$476,500
Current / Sold Value
$660,000
Growth
38.51%
Equity Gained
$183,500
ROC
218.81%
Rental Yield
5.58%
LVR
90%
Time to Settlement
2Years,3Months
Settlement Date
27 June 2024
Highlights
- ✓38.51% capital growth since purchase
- ✓$183,500 equity gained
- ✓218.81% ROC
- ✓5.58% rental yield