Case Study · Gladstone Region, QLD
Property in Gladstone Region, QLD
+31.82% Capital Growth$140,000 Equity Gained121.85% Return on Capital6.52% Rental Yield
The Story
Prime Pursuit Properties secured this property in Gladstone Region, QLD for our client at $440,000. Since settling 21 months ago, the property has performed strongly. It has grown 31.82% in value, now worth $580,000 — an equity gain of $140,000. This represents a 121.85% return on the cash invested to date.
Purchase vs. Today
Purchase Price$440,000
Current Value$580,000
Funding Breakdown
Loan Amount$352,000
Deposit / Funds Required$88,000
Based on a 80% LVR at purchase.
Timeline
Settled
20 Sept 2024
Today
21 months later
≈ 18.2%/yr growth
The Numbers
Purchase Price
$440,000
Current / Sold Value
$580,000
Capital Growth
31.82%
Equity Gained
$140,000
Return on Capital
121.85%
Rental Yield
6.52%
LVR
80%
Time to Settlement
1Years,8Months
Settlement Date
20 Sept 2024