Queensland

4 bed, 2 bath, 2 car, 406 m², House, Built 2020
Local area · ABS 2021
Families · 665 pop · Renters · $1,976 per week
- Purchase price
- $452,500
- Current value
- $645,000
- Capital growth
- 42.54%
- Cash on cash
- 226.47%
Modern Queensland Buy with Impressive Upside
Purchased in October 2023 for $452,500, this near-new 4-bedroom home in Queensland stands as a smart addition to any growth-focused portfolio. Built in 2020 on a 406m² block, the property combines contemporary design with practical features that appeal to long-term renters. Factoring in a 12% deposit, $13,300 in stamp duty, $2,000 in legal fees, and standard due diligence costs, the entry point remained highly accessible. As of January 2025, it’s valued at $610,000—marking an impressive 32.6% capital growth. Leased at $560 per week, the rental income supports a robust cash-on-cash return of 173.53%, reinforcing both its cash flow and equity-building potential. With minimal maintenance expected due to its age, this home offers both stability and upside.
Value growth
Oct 2023–Jan 2026
Equity gained
+$192,500
Purchase breakdown
- Date purchased
- Oct 2023
- Date of value
- Jan 2026
- Stamp duty
- $7,088
- Deposit
- 12% of Purchase price
- Solicitor cost
- $2,000
- Pest and build
- $700
Returns
- Equity gained
- +$192,500
- Capital growth
- 42.54%
- Cash on cash return
- 226.47%
- Weekly rent
- $615
- Equity growth
- 192500%
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