Case Study · Hume, VIC
Property in Hume, VIC
Growth: 13.39%$75,000 Equity Gained47.95% ROC5.12% Rental Yield
The Story
Prime Pursuit Properties secured this property in Hume, VIC for our client at $560,000. Since settling 22 months ago, the property has performed strongly. It has grown 13.39% in value, now worth $635,000 — an equity gain of $75,000. This represents a 47.95% return on the cash invested to date.
Purchase vs. Today
Purchase Price$560,000
Current Value$635,000
Funding Breakdown
Loan Amount$448,000
Deposit / Funds Required$112,000
Based on a 80% LVR at purchase.
Timeline
Settled
22 Nov 2024
Today
22 months later
≈ 7.3%/yr growth
The Numbers
Purchase Price
$560,000
Current / Sold Value
$635,000
Growth
13.39%
Equity Gained
$75,000
ROC
47.95%
Rental Yield
5.12%
LVR
80%
Time to Settlement
1Years,10Months
Settlement Date
22 Nov 2024