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 #14 – 28th Sept 2015

Address: 2/111 Samsonvale Rd, Strathpine, QLD, 4500

Area: Brisbane Northside

Property Type: 2 Bedroom, 1 Bathroom, 1 Car Unit

Unit Size: 79sqm

Listing: http://www.domain.com.au/for-sale/2-111-samsonvale-road-strathpine-qld4500-2012282522?adid=2012282522

Estimated Market Value: $293,000 (sign up below to get the full valuation report)

Listed Price: $215,000 (reduced) !!!

Rental Return: $280 per week (already tenanted)

Affordability: Positive cash-flow by $12/wk to own (calculated for an investor with an income of $50k/yr).

The Verdict

This property is selling for a possible $78,000 discount! Add positive cash-flow and capital growth, and you’ve got a beaut little investment.

High capital growth potential

The northern suburbs have led the revival of markets across the Brisbane metropolitan area, and there are still opportunities to buy well for future growth. Their popularity is shown in the sales volumes data: most of these suburbs record well over 100 house sales per year.

Over the past two years, sales activity has risen across in this precinct, and many suburbs recorded double-digit growth in median house prices in FY2015.

According to sqmresearch.com.au, vacancy rates across the region are stable and have rarely exceeded 4% in the past five years. Most are currently under 2.5%.


This property has been reduced to $215,000 by a motivated Vendor. The estimated market value of the property is $293,000 (sign up below to get the full valuation report) which potentially puts you $78,000 in front from day 1. A skilled negotiator will probably pay even less.

Positive Cash-Flow

The Cash-flow analysis (see full report) estimates that this property will be cash-flow positive by $12 per week. So it will cost nothing to own and put $12 in your pocket each week after all expenses. The excellent rental yield for this property makes it a very attractive investment at a low price.

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 Brisbane Northside as a growth area
  • Links to the resources we’ve used for our research