Every day I search the Brisbane property market for good investment properties for my clients.

Every Monday I send one out for free to give you an insight into how an investor finds and assesses properties.

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Property of the Week #28 – 18th Jan, 2016

Address: 3 Yantara Close, Ormeau, QLD 4208

Area: Northern Gold Coast Region

Property Type: 5 Bedroom, 2 Bathroom, 5 Car House

Land Size: 603sqm

Listing: http://www.domain.com.au/3-yantara-close-ormeau-qld-4208-2012280272

Estimated Market Value: $516,000 (sign up below to get the full valuation report)

Listed Price: $449,000

Rental Return: $500 – $520 per week according to agent  (5.8% yield)

Affordability: Cash-flow positive by $41/wk (calculated for an investor with an income of $50k/yr).

The Verdict

I would recommend this property for an investor with a long-term “Buy & Hold” Strategy in mind. This property provides high capital growth potential AND a discount below market value to create instant equity for your portfolio.

High capital growth potential

Here’s what Australia’s leading property researcher and Director of Hotspotting.com.au, Terry Ryder, says about the Northern Gold Coast Region…

“For a long time, Hotspotting has avoided recommending the Gold Coast because of its poor track record on capital growth and its boom-bust history (soon to be fuelled by another major oversupply of high rise apartments).

But the Gold Coast cannot be ignored – billions are being spent on infrastructure and major developments, and vacancy rates are extremely low. There will be price growth, especially in the genuine residential suburbs.

We recommend that investors on the Gold Coast concentrate on the genuine residential suburbs inland and in the growth corridor heading north towards Brisbane, where suburbs like Oxenford, Ormeau, Coomera and Pimpama all have rising markets.

Discount

This property has been listed at $516,000 negotiable. The estimated market value of the property is $449,000 (sign up below to get the full valuation report) which potentially puts you $57,000 in front from day 1.

Affordability

With a rental yield of around 5.8% this property provides an excellent return. Our cash-flow analysis estimates that this property will be cash-flow positive by around $41 per week.

Get the full details, analysis, and research…

Join the Property of the Week Club to get the full report on this property. It includes:

  • The valuation report
  • The rental appraisal
  • Cost calculations for an investor earning $50k p.a.
  • Profile of the Northern Gold Coast Region as a growth area
  • Links to the resources we’ve used for our research