Client Success Story #5. In this market insight, we want to take the opportunity to share a wonderful success story where one of our clients experienced some capital growth from the property advice provided by Crest Property Investments.
Client Success Story #5
Siddhartha purchased an investment property, extending to his existing portfolio. He purchased an off the plan house and land package in Geelong/Armstrong Creek in May 2021. His investment increased by approximately $114,250 from the time he purchased it off the plan through to the completion of the house.
Purchase Price (May 2021): $580,750
Market Appraisal (Nov 2022): $695,000
When sourcing the right investment property, it is our objective to view the investment return over the longer term, but when making good decisions, you can be rewarded early. Buying off the plan is one of those opportunities where you can buy a property today at a fixed price, but settle it at a future date where prices may be valued higher.
What to do next?
If you’d like to learn more about buying an investment property, please don’t hesitate to contact us. We would welcome the opportunity to help with your property purchase. Our YouTube channel and Market Insights also provide a wealth of information to assist you with many areas relating to property.
While we have taken care to ensure the information above is true and correct at the time of publication, changes in circumstances and legislation after the displayed date may impact the accuracy of this article. If you want to learn more please contact us. We welcome the opportunity to assist you.
December 2023
