45 Devona Street
Aspley, QLD 4034

Buying property from interstate can be challenging, especially when trying to coordinate everything remotely. This property at 45 Devona Street, Aspley, was secured for a young family from the ACT who were upgrading from their long-held unit in Kelvin Grove. The home offers a low-maintenance, quality asset with no immediate maintenance or spending required, making it an ideal investment or family home.

Located in a premium Brisbane market, this property provides long-term growth potential and strong rental appeal. The purchase price was $1,465,000, with an estimated rental income of approximately $850 per week, resulting in an annual rental income of around $44,200 and a gross yield of about 3.0%.

The Numbers Behind the Story

• Purchase Price: $1,465,000
• Rental Income: Approximately $850 per week
• Annual Rental Income: Approximately $44,200
• Gross Yield: Approximately 3.0%

This property was chosen not for the highest yield but for the right asset. It is well-located in a tightly held pocket, allowing for a "set and forget" investment approach while benefiting from Brisbane's long-term growth prospects. The home includes three bedrooms, two bathrooms, and two parking spaces, plus a rumpus room, providing ample space for family living and entertaining.

The property was secured within just three weeks of searching, demonstrating the efficiency and local insight required for interstate buyers. This home is an excellent example of a clean, quality asset that can be held with confidence, free from maintenance headaches and immediate expenses.

Overall, 45 Devona Street, Aspley, represents a smart investment opportunity in a sought-after Brisbane suburb, combining lifestyle benefits with solid financial returns.