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Overview
Boronia Heights
This well-maintained four-bedroom lowset house offers a spacious family area and yard, providing comfortable living in a tranquil, leafy neighborhood. The property is situated within walking distance to the local state school, childcare center, and nearby parks, making it ideal for families seeking convenience and community.
Purchased in April 2023 for $620,000, this investment property achieved a 5% gross rental yield immediately after settlement, demonstrating its strong rental potential. Additionally, it experienced approximately $20,000 in capital growth shortly after purchase, reflecting its promising investment value.
The property features two bathrooms and two car parking spaces, complementing the four bedrooms and generous living spaces. Its location in Boronia Heights, Queensland, offers a friendly community atmosphere and access to essential amenities.
The client, an interstate multiple-property owner working in professional fields, made their first investment in Queensland with this purchase. Their goal was to find a property with stable capital growth and a rental yield exceeding 4%, both of which this home satisfies.
This acquisition was secured efficiently within about one and a half months, highlighting the effective property sourcing and negotiation process.
Overall, this house represents a solid investment opportunity with a combination of comfortable living spaces, desirable location, and strong financial returns.
While every effort is made to ensure the accuracy and completeness of the property information provided, no guarantee is given. Buyers should independently verify all details, inclusions, availability, pricing, and other relevant information directly with the listing agent before relying on this information.
Location
Boronia Heights QLD 4124
Measurements
| Type | Dimensions |
|---|---|
| Floor Area | 192 m² |
Market Insights for Boronia Heights QLD 4124
Other properties in this postcode
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