Case Study · Gladstone, QLD
Property in Gladstone, QLD
Growth: 43.18%$190,000 Equity Gained165.37% ROC6.52% Rental Yield
The Story
Prime Pursuit Properties secured this property in Gladstone, QLD for our client at $440,000. Since settling 24 months ago, the property has performed strongly. It has grown 43.18% in value, now worth $630,000 — an equity gain of $190,000. This represents a 165.37% return on the cash invested to date.
Purchase vs. Today
Purchase Price$440,000
Current Value$630,000
Funding Breakdown
Loan Amount$352,000
Deposit / Funds Required$88,000
Based on a 80% LVR at purchase.
Timeline
Settled
20 Sept 2024
Today
24 months later
≈ 21.6%/yr growth
The Numbers
Purchase Price
$440,000
Current / Sold Value
$630,000
Growth
43.18%
Equity Gained
$190,000
ROC
165.37%
Rental Yield
6.52%
LVR
80%
Time to Settlement
2Years,0Months
Settlement Date
20 Sept 2024