You know what?
I get it.
You’ve been reading about how the property market is about to fall off a cliff, how sellers are discounting in droves etc. etc.
The last thing you feel like doing right now is putting your money into property.
And I don’t blame you.
I’m certainly not here to change your mind.
I can tell you all day that there are other markets that are hitting it out of the park right now, and that there are deals out there for the taking.
Or that we use cutting-edge tech like artificial intelligence to find growing markets that we would never think to look in otherwise.
I can also tell you that a lot of what you read in the media is sensationalist and is there to sell papers, but that doesn’t help with the fear that bad press can create.
So I thought I would take a different approach and show you another side to the story.
This is a deal that our team uncovered earlier in the week.
It’s not in a falling market.
It’s not even in a soft market.
Here are the key stats for you though, they speak for themselves.
Location: QLD (about 800m from the beach)
Property Type: 3bed brick house
Growth in 2018: 15.6%(!)
5yr growth rate: 7.1% (year on year)
Projected growth: 5% – 9% for the next 5yrs
Vacancy rate: 2%
Rental: $475pw (4.5%)
Buy Price: ~ $550,000
Valuation Price: $580,000
Under market value: $30,000
If you’re wondering why it’s had so much growth, it sits in one of the prime areas for infrastructure spending in QLD, particularly for transportation and jobs growth.
It’s also only minutes away from one of the largest employment hubs in the state.
And if you’re wondering why we can get it for $30,000 under market, it’s because their deal has just fallen over and the owners are (very) keen to sell.
While something like this may not be for you, there’s a good chance you know someone who is looking to move forward despite what’s in the papers.
Feel free to send that person my number (0416 172 900), and I’ll be happy to show them how the world can be a bigger place and offer so much more.
As usual, I have provided our 2-page Market Essentials report if you would like to keep up to date on the latest property news from across the nation.