Case Study · Gladstone Region, QLD
Property in Gladstone Region, QLD
+38.51% Capital Growth$183,500 Equity Gained218.81% 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 25 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
25 months later
≈ 18.5%/yr growth
The Numbers
Purchase Price
$476,500
Current / Sold Value
$660,000
Capital Growth
38.51%
Equity Gained
$183,500
Return on Capital
218.81%
Rental Yield
5.58%
LVR
90%
Time to Settlement
2Years,1Months
Settlement Date
27 June 2024
Highlights
- ✓38.51% capital growth since purchase
- ✓$183,500 equity gained
- ✓218.81% return on capital
- ✓5.58% rental yield